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please show work 4. Assume investors require a 5 percent annualized return on a six-month T-bill with a par value of S10,000. The price investors

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please show work

4. Assume investors require a 5 percent annualized return on a six-month T-bill with a par value of S10,000. The price investors would be willing to pay is S a. 10,000 b. 9,524 C. 9,756 d. none of the above

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