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Business, 16.08.2020 01:01 Islandgirl67

Jenna decides to purchase a U. S. Treasury Bill for 95,000. The Treasury Bill matures in 180 days for 100,000. Let QR be the quoted rate on this U. S. Treasury Bill. Let j be the annual effective yield on this U. S. Treasury Bill assuming a 365 day year. Calculate j−QR.

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Jenna decides to purchase a U. S. Treasury Bill for 95,000. The Treasury Bill matures in 180 days fo...
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