Question
The Treasury Department auctioned $22 billion in 3-month bills in denominations of $10,000 at a discount rate of 4.650%. What would be the effective rate
The Treasury Department auctioned $22 billion in 3-month bills in denominations of $10,000 at a discount rate of 4.650%. What would be the effective rate of interest?
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Financial Management In The Sport Industry
Authors: Matthew T Brown, Daniel Rascher, Mark S Nagel, Chad Mcevoy
1st Edition
1934432040, 978-1934432044
