LeoValdez8919 LeoValdez8919

18-11-2020
Business

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A 275-day T-bill was purchased at a 0.6% discount and was sold at an 8.50% discount after a 30-day holding period. What is the yield?

Respuesta :

codiepienagoya codiepienagoya

19-11-2020

Answer:

The answer is "10.21".

Explanation:

by applying the formula of yield the calculated value will be 10.21.

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