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The discount yield of a 3-month T-bill with a face value of $1,000 is 2.3%. What is its price? Question 5 options: $985.66 $988.25 $994.19
The discount yield of a 3-month T-bill with a face value of $1,000 is 2.3%. What is its price?
Question 5 options:
|
| $985.66 |
|
| $988.25 |
|
| $994.19 |
|
| $997.31 |
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National Finance A Chinese Perspective
Authors: Yunxian Chen, Heming Yong
1st Edition
9813360917, 978-9813360914
