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What is the purchase price of a 50 day T-Bill with a maturity value of $1,735 that earns an annual interest rate of 4.644%? (
What is the purchase price of a 50 day T-Bill with a maturity value of $1,735 that earns an annual interest rate of 4.644%?
(Assume a 360-day year).
Round your answer to two decimal places)
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Activity Accounting An Activity-Based Costing Approach
Authors: James A. Brimson
1st Edition
0471196282, 978-0471196280
