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Financial Services issued a 270-day. $200,000 commercial paper Abank purchased the paper for $197,802 04. What was the yield for the paper on its
Financial Services issued a 270-day. $200,000 commercial paper Abank purchased the paper for $197,802 04. What was the yield for the paper on its issue date? Give your answer as a percent acco Yield 0.00% Question 9 [5 points] A 182-day $200,000 face value treasury bill was issued 113 days ago when yields were 1.30%. If the current rate of return is 1.54%, what is its purchase price today? For full marks your answer should be rounded to the nearest cent Price $0.00
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