Kiyadagreatest4347 Kiyadagreatest4347

24-05-2023
Business

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If you purchase a 91-day Treasury bill with a face value of
$10,000 at a price of $9,700, what is the discount yield for this
T-bill?
A. 12.87%
B. 12.41%
C. 12.00%
D. 11.87%
E. 12.03%

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