Question
Juan Perez, a private investor, buys the T-bill with a par value of $10,000 for $9,645. One hundred days later, Juan Prez sells the T-bill
Juan Perez, a private investor, buys the T-bill with a par value of $10,000 for $9,645. One hundred days later, Juan Pérez sells the T-bill for $9,739. What is Juan Pérez's expected annualized return for this transaction?
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Microeconomics
Authors: Paul Krugman, Robin Wells
5th edition
1319098780, 1319098789, 978-1319098780
