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The Treasury Department auctioned $13 billion in 3-month bills in denominations of $10,000 at a discount rate of 3.450%. What would be the effective rate
The Treasury Department auctioned $13 billion in 3-month bills in denominations of $10,000 at a discount rate of 3.450%.
What would be the effective rate of interest?
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Handbook Of Short Selling
Authors: Greg N. Gregoriou
1st Edition
0123877245, 978-0123877246
