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please use these numbers Calculate the effective annual interest rate for the following: a. A 3-month T-bill selling at $96,860 with par value $100,000. (Round
please use these numbers
Calculate the effective annual interest rate for the following: a. A 3-month T-bill selling at $96,860 with par value $100,000. (Round your answer to 2 decimal places.) b. A 10% coupon bond selling at par and paying coupons semiannually. (Round your answor to 2 decimal places.) Step by Step Solution
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