If the IMM index quotation for a 90-day T-bill future is 98.50, what would be the discount
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Question:
If the IMM index quotation for a 90-day T-bill future is 98.50, what would be the discount rate equivalent?
2.75% | ||
2.50% | ||
2.25% | ||
1.75% | ||
1.50% |
Related Book For
Managerial Accounting Decision Making and Performance Management
ISBN: 978-0273764489
4th edition
Authors: Ray Proctor
Posted Date: