[Solved] If the annualized yield on a 180 -day T-B

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If the annualized yield on a 180 -day T-Bill is 5% and its maturity value of $10,000,000, its issue price must be: a. $9,657,097.56 b.

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If the annualized yield on a 180 -day T-Bill is 5% and its maturity value of $10,000,000, its issue price must be: a. $9,657,097.56 b. $9,567,097.56 c. $9,756,709.65 d. $9,756,097.56

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