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QUESTION 6 What is the effective annual interest rate on a 180-day bank bill with a face value of $100.000 and a quoted rate of

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QUESTION 6 What is the effective annual interest rate on a 180-day bank bill with a face value of $100.000 and a quoted rate of 497 Answer in percent to two decimal places (e.g., if the figure is 5.21% you should enter 5.21

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