The bond equivalent yield of a 91-day T-bill is 5 percent. What is the price of the

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The bond equivalent yield of a 91-day T-bill is 5 percent. What is the price of the bill for a $ 10,000 face value?

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Investments

ISBN: 978-0071338875

8th Canadian Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus, Stylianos Perrakis, Peter

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