At auction on August 18, 2005, 3-month T-bills were sold at a discount of 3.470% What was

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At auction on August 18, 2005, 3-month T-bills were sold at a discount of 3.470% What was the simple annual yield?

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Intermediate Microeconomics

ISBN: 978-0393123968

9th edition

Authors: Hal R. Varian

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Posted Date: Jun 12, 2020 06:06 AM

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At auction on August 18, 2005, 3-month T-bills were sold at a discount of 3.470% What was

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Let the bill was paid at x Selling pricex348010... View the full answer

Intermediate Microeconomics

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