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there is a 9 1 day bankers acceptance worth R 5 0 0 0 0 0 0 0 . The Discount rate is 9 .

there is a 91 day bankers acceptance worth R 50000000. The Discount rate is 9.95%. Historic returns for the bankers acceptances are 8.82%. if there is an acceptance commision of 1.5% what is the price of the bankers acceptance?

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