If the current 90-day bill rate is 72 pa what is the


Which Bank has just issued 90-day bank bills with a face value of $100,000. If the current 90-day bill rate is 7.2% p.a., what is the current value of these bank bills? Enter your answer to the nearest dollar.

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Financial Management: If the current 90-day bill rate is 72 pa what is the
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