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(c) Compute the annualized return to an investor who purchases a one-year RM10,000 Tbill for RM9,600 and sells it on the secondary market 90 days
(c) Compute the annualized return to an investor who purchases a one-year RM10,000 Tbill for RM9,600 and sells it on the secondary market 90 days after the purchase for RM9,750.
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The Handbook Of Fixed Income Securities
Authors: Frank Fabozzi, Steven Mann
8th Edition
0071768467, 978-0071768467
