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Question
A 90-day T-Bill is selling for $9,900. The par is $10,000. The effective annual return on the T-Bill is (watch your rounding)
A. 4.00%.
B. 4.16%.
C. 4.10%.
D. 4.04%.
E. 4.21%.
Answer
This answer is hidden. It contains 24 characters.
Related questions
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