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Suppose you pay $9,400 for a $10,000 par Treasury bill maturing in 6 months. What is the HPR, APR and EAR(effective annual rate of return)
Suppose you pay
$9,400
for a
$10,000
par Treasury bill maturing in 6 months. What is the HPR, APR and EAR(effective annual rate of return) for this investment?\
6.38%,6.38%
and
12.77%
\
6.38%,12,77%
and
13.17%
\
6.38%,12.77%
and
1.13%
\ None of the above
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