If a six-month treasury bill is purchased for 09675 on a, Finance Basics

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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 and the annual rate of interest? What will these yields be if the discount price falls to $0.94 on a dollar (i.e., $94,000 for a $100,000 bill)?

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Finance Basics: If a six-month treasury bill is purchased for 09675 on a

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Finance Basics: If a six-month treasury bill is purchased for 09675 on a

Reference No:- TGS0633140

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: If a six-month treasury bill is purchased for 09675 on a

Reference No:- TGS0633140

Recent Questions Asked Finance Basics

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