Question: PLEASE HELP!! I WILL LIKE ANSWER!! What is the effective, compound rate of interest you earn if you enter into a repurchase agreement in which
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What is the compound rate of interest you pay if you sell a Treasury bill for $76,751 and repurchase it after 30 days for $77,255? Assume 365 days per year.
Round your answer to one decimal place.
What is the effective, compound rate of interest you earn if you enter into a repurchase agreement in which you buy a Treasury bill for $76,751 and agree to sell it atter a month (30 days) for $77,255 ? Assume 365 days per year. Round your answer to one decimal place. What is the compound rate of interest you pay if you sell a Treasury bill for $76,751 and repurchase it after 30 days for $77,2557 Assume 365 days per year. Round your answer to one decimal ploce
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