What is the annualized discount and investment rate % on a Treasury bill that you purchase...

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Question

What is the annualized discount and investment rate % on a Treasury bill that you purchase for $9,900 that will mature in 91 days for $10,000?

Answer 1

Answer #1

Discount ate (000O- $9900x260 3.956 l00009900 舌9900 thanks

Let me know if you have any doubt

Answer 2

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