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To calculate the current yield for a T-bill: Multiple Choice O O O divide the purchase price by the discount amount. subtract the discount

To calculate the current yield for a T-bill: Multiple Choice O O O divide the purchase price by the discount

To calculate the current yield for a T-bill: Multiple Choice O O O divide the purchase price by the discount amount. subtract the discount amount from the maturity value. divide the maturity value by the interest rate. divide the discount amount by the purchase price. multiply the maturity value by the interest rate.

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