Question: please make answer neat & clearly typed answer is better 2. A dealer quotes a rate of 6.7% on a 30/860 basis for an investment

please make answer neat & clearly typed answer is better

please make answer neat & clearly typed answer is

2. A dealer quotes a rate of 6.7% on a 30/860 basis for an investment from 17 August to 31 December. What would be the equivalent rate if the customer asked him to quote it instead on an ACT/865 basis

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