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:max_bytes(150000):strip_icc()/GettyImages-182832748-004bec0f92af48fe945b668b657b1b85.jpg "How Are Treasury Bill Interest Rates Determined?")
How Are Treasury Bill Interest Rates Determined?
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SOLVED: Assume the S10,000 Treasury bill, 4% for 13 weeks. Calculate the effective rate of interest: (Use calendar year: Round your answer to the nearest hundredth percent) 2.37 Points 4.04% 5.04% 4.40% 5.40% 3.40%
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