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gewusel gewusel
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6 years ago
You bought a $100 000 91-day T-bill for $99 453.67 61 days before maturity. What discount rate was used?
A) 3.29%
B) 2.39%
C) 3.49%
D) 4.39%
E) 3.99%
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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