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ch 25 What is the compound yield on a $10,000 three month (90 day) treasury bill that cost $9,843? Hint: HP financial calculator or Excel

ch 25 What is the compound yield on a $10,000 three month (90 day) treasury bill that cost $9,843? Hint: HP financial calculator or Excel can help with this. This is a time value of money problem, solving for I/YR. Set 1 P/YR and set up N accordingly

6.53%

6.83%

6.73%

6.63%

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