Find the purchase price of a 91-day treasury bill that matures at $5000 if the T-bill...
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Find the purchase price of a 91-day treasury bill that matures at $5000 if the T-bill is sold to yield an annual interest rate of 4.5%. Select one: a. $5056 b. $5000 c. $4785 d. $4945 Find the purchase price of a 91-day treasury bill that matures at $5000 if the T-bill is sold to yield an annual interest rate of 4.5%. Select one: a. $5056 b. $5000 c. $4785 d. $4945
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Griver Mature amount 45000 So amount of interert For 9... View the full answer
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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