What is the compound yield on a Treasury bill that costs $98,760 and will be redeemed for

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What is the compound yield on a Treasury bill that costs $98,760 and will be redeemed for $100,000 after 90 days? How much additional return would you have to earn if you had bought $100,000 worth of 90-day commercial paper for $98,478?

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Basic Finance An Introduction to Financial Institutions Investments and Management

ISBN: 978-1111820633

10th edition

Authors: Herbert B. Mayo

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Question Posted: Mar 19, 2015 09:35 AM

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What is the compound yield on a Treasury bill that costs $98,760 and will be redeemed for

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Compound yield Treasury bill 987601 i 90365 100000 987601 i 2466 100000 1 i 2466 10...View the full answer

Basic Finance An Introduction to Financial Institutions Investments and Management

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