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On April 1, $25,000.00, 364-day treasury bills were auctioned off to yield 2.43%. What is the price of each treasury-bill on April 1?
On April 1, $25,000.00, 364-day treasury bills were auctioned off to yield 2.43%.
What is the price of each treasury-bill on April 1?
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Investments An Introduction
Authors: Herbert B Mayo
9th Edition
324561385, 978-0324561388
