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v A $100,000, 182-day T-bill is priced at $99,281 on its issue date. What simple interst rate will it yield to the purchaser if held
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A $100,000, 182-day T-bill is priced at $99,281 on its issue date. What simple interst rate will it yield to the purchaser if held until maturity? Calculate your answer to 2 decimal places, but don't include the % symbol. Your Step by Step Solution
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