[Solved] Question 9 What is the discount yield and

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Question 9 What is the discount yield and effective annual return on a $1 million T-bill that currently sells at 97.375 percent of its face

Question 9 What is the discount yield and effective annual return on a $1 million T-bill that currently sells at 97.375 percent of its face value and is 75 days from maturity? 12.0% 1282 12.40 13.12% 13 12:13.62 13.82.1312

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