The average price on 182-day Treasury bills was 98.097 with maturity value at 100. Calculate the T-hill's
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The average price on 182-day Treasury bills was 98.097 with maturity value at 100. Calculate the T-hill's annualized yield.
MaturityMaturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...
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100 P 365 X ...View the full answer
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Related Book For 
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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