A $10,000 T-bill was bought on September 28, 2022 and matures on May 31, 2023. The simple
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A $10,000 T-bill was bought on September 28, 2022 and matures on May 31, 2023. The simple discount rate was 3.26%. Find the price paid for this T-bill.
Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
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