Calculate the percentage return on a 1-year treasury bill


Calculate the percentage return on a 1-year treasury bill with a face value of $10,000 if you pay $9,162.46 to purchase it and receive its full face value at maturity.

The percentage return is     %. (Round to two decimal places.)

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Financial Management: Calculate the percentage return on a 1-year treasury bill
Reference No:- TGS02811873

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