Suppose you pay $ 9 , 8 0 0 for a $ 1 0 , 0 0

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Suppose you pay $ $9, 800$ for a $ $10, 000$ par Treasury bill maturing in $3$ months. What is the effective annual rate of return for this investment?

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Introduction to Corporate Finance

ISBN: 978-0324657937

2nd edition

Authors: Scott B. Smart, William L Megginson

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Posted Date: Mar 16, 2024 05:56 AM

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Suppose you pay $ 9 , 8 0 0 for a $ 1 0 , 0 0

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The effective annual rate of return for this investment ... View the full answer

Introduction to Corporate Finance

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