Question
Graham bids 96.7 on a $600,000.0075 -day T-Bill. % [A] What is the Present Value? [B] What is the Future Value? [C] What is the
Graham bids 96.7 on a $600,000.0075 -day T-Bill. % [A] What is the Present Value? [B] What is the Future Value? [C] What is the Discount? [D] What is the ROR expressed as a Simple Interest Rate? [E] what is the ROR expressed as a Simple Discount Rate? Round all final Money Answers to the nearest penny/cent, USE a Dollar Sign, USE a comma as a separator, Round all final rate answer to 5 decimal places, Leave in decimal format, USE Banker's Rule.
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Face value of TBill FV 60000000 Bid amount P 967 Time to maturity n 75 days FORMULAS A Present Value ...Get Instant Access to Expert-Tailored Solutions
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