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finc 3 3 5 : consider the following two tbills ( both prices are for $ 1 0 0 0 0 face value ) .

finc 335: consider the following two tbills (both prices are for $10000 face value).1) a 3 month bill selling at $9,901.2) a 6 month bill selling at $9804. a) calculate the annual perventage rate for each t bill. b) which security offers a higher effective annual rate and why?

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