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Q3. The Central bank of Oman issued treasury bills with 180 days maturity and at a discount rate of 6 percent. Calculate the present value

Q3. The Central bank of Oman issued treasury bills with 180 days maturity and at a discount rate of 6 percent. Calculate the present value or the market price of the Treasury bill assuming the face value to be 100. A) 97.0411 B) 101.411 C) 99.0411 D) 95.0411 E) None

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