1.An investor intends to place Ksh 12,000,000 in the 91 days Treasury bill at a quoted rate/yield...

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1.An investor intends to place Ksh 12,000,000 in the 91 days Treasury bill at a quoted rate/yield of 7.65% p.a. What is his/her return, if s/he is withholding tax-payer or non-withholding taxpayer?

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A Survey Of Mathematics With Applications

ISBN: 9780135740460

11th Edition

Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde

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Posted Date: Dec 07, 2022 11:49 PM

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1.An investor intends to place Ksh 12,000,000 in the 91 days Treasury bill at a quoted rate/yield...

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Answer a For NonWithholding Tax payer at 15 This implies for every Ksh 10... View the full answer

A Survey Of Mathematics With Applications

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