Which of these would have a higher effective annual
Which of these would have a higher effective annual interest rate (EAR)? A 3 month T-bill selling at $97,645 with a $100,000 par value; or a coupon bond selling at par and paying a 10% coupon semi-annually?
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show formulas and work using the formulas1 you ran a little short on your spring break vacation so you put 1000 on your
which of these would have a higher effective annual interest rate ear a 3 month t-bill selling at 97645 with a 100000
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ajax corporation has hired tony pepperoni as its new president terms included the companys agreeing to pay retirement
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