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Question 15 (1 point) What is the discount yield on the following T-Bill with a purchase price of $9,400, face value $10,000 and maturity of

Question 15 (1 point) What is the discount yield on the following T-Bill with a purchase price of $9,400, face value $10,000 and maturity of 90 days? 25.00% 24.00% 16.00% None of the answers is correct 16.66%

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