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What is the price of a $10,000 face value treasury bill with a 4% discount rate and matures in 180 days? Show all work!! A.
What is the price of a $10,000 face value treasury bill with a 4% discount rate and matures in 180 days? Show all work!!
- A. $9,800
- B. $9,900
- C. $10,000
- D. $9,700
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Modern Financial Markets Prices, Yields, And Risk Analysis
Authors: Mark Griffiths, Drew Winters, David W Blackwell
1st Edition
0470000104, 9780470000106
