Question
Determine the effective annual yield on a three-month Treasury bill selling at $9,624. (face value of the treasury bill is $10,000)
Determine the effective annual yield on a three-month Treasury bill selling at $9,624. (face value of the treasury bill is $10,000)
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Investments An Introduction
Authors: Herbert B Mayo
9th Edition
324561385, 978-0324561388
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