If a six-month treasury bill is purchased for 09675 on a
If a six-month Treasury bill is purchased for $0.9675 on a dollar (i.e., $96,750 for a $100,000 bill), what is the discount yield, the annual rate of interest, and the compound rate?
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if a six-month treasury bill is purchased for 09675 on a dollar ie 96750 for a 100000 bill what is the discount yield
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