Assume a 1000 treasury bill is quoted to pay 10 percent and


Assume a $1,000 treasury bill is quoted to pay 10 percent and matures in 3 months. a) How much interest would an investor receive? b) What will be the price of the treasury bill? c) What will be the effective yield?

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Financial Management: Assume a 1000 treasury bill is quoted to pay 10 percent and
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