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Q8 The U.S. Treasury Bill will pay to the holder the amount of $10,000 at the end of six months. Which of the following is
Q8
- The U.S. Treasury Bill will pay to the holder the amount of $10,000 at the end of six months. Which of the following is closest to today's price of the Treasury Bill if the interest rate is 3%?
a.$ 9,853
b.$ 9,713
c.$ 9,806
d.$ 9,759
e.$ 9,667
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Fundamentals Of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
13th Edition
978-0134083308, 013408330X
