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Business, 04.01.2022 14:00 AmbitiousAndProud

A treasure bill that settles on May 18, 2012, pays $100,000 on August 21, 2012. Assuming a discount rate of 0.44 percent, what is the price and bond equivalent yield?

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A treasure bill that settles on May 18, 2012, pays $100,000 on August 21, 2012. Assuming a discount...

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