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You submit a noncompetitive bid in April 2010 to purchase a 28-day $1000 Treasury bill, and you find that you are buying the bond for $999 88722 What are the discount rate % and the investment rate

You submit a noncompetitive bid in April 2010 to purchase a 28-day $1,000 Treasury bill, and you find that you are buying the bond for $999.88722. What are the discount rate % and the investment rate %?

Jun 18 2020 View more View Less

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