Question
Thomas Buys a 2,300 us treasury bill with an interest rate of 1.5% and it matures after 13 weeks. A. what is the purchase price
Thomas Buys a 2,300 us treasury bill with an interest rate of 1.5% and it matures after 13 weeks.
A. what is the purchase price of the T-bill
B. what is the interest amount earned on his investment
C. what is the effective true interest rate on this investment
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Principles Of Commodity Economics And Finance
Authors: Daniel P. Ahn
1st Edition
0262038374, 9780262038379
