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Assume that Percival bought Treasury bills (T-bills). The price of $10,000 face value commercial paper is $9,773. If the annualized discount rate is 8.98%, when
Assume that Percival bought Treasury bills (T-bills). The price of $10,000 face value commercial paper is $9,773. If the annualized discount rate is 8.98%, when will the T-bills mature? If the annualized investment rate % is 8.98%, when will the T-bills mature?
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