You can buy a Treasury-bill for $98.75, and in three months the T-bill pays you $100. What

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You can buy a Treasury-bill for $98.75, and in three months the T-bill pays you $100.

What is the 3-month Nominal Risk Free Rate?

Express your answer as a percentage, for example 3.18% should be entered as 3.18 without the percentage sign.

Related Book For answer-question

Modern Operating Systems

ISBN: 978-0133591620

4th edition

Authors: Andrew S. Tanenbaum, Herbert Bos

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Posted Date: Feb 26, 2024 04:26 AM

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You can buy a Treasury-bill for $98.75, and in three months the T-bill pays you $100. What

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Expert Answer:

To find the nominal riskfree rate we use the formula for simple interest Inte... View the full answer

Modern Operating Systems

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