What would be the rate quoted on this bill on a discount
A Treasury bill with face value $121,000 and maturity 4 months sells for $113,000.
a. What would be the rate quoted on this bill on a discount basis?
b. What would be its effective annual interest rate? (Round your answer to 2 decimal place.)
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a treasury bill with face value 121000 and maturity 4 months sells for 113000a what would be the rate quoted on this
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bonds denominated in and issued by at rates make up the largest part of outstanding international bonds select one a
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