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What is the APR on a $1,000 par 3-month Treasury Bill purchased for $989.86? Note: Enter your answer in percentages rounded to the nearest second
What is the APR on a $1,000 par 3-month Treasury Bill purchased for $989.86? Note: Enter your answer in percentages rounded to the nearest second digit after the decimal point. For example, if your calculated return is 1.5824% or 0.015824, enter it as: 1.58
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
