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If the Value at Maturity Is $2,860,000 Calculate the 90-Day

Question 26

Multiple Choice

If the value at maturity is $2,860,000 calculate the 90-day B/A rate.(Round your intermediate values to four decimal places.Assume 360 days in a year.)


A) 5.2%.
B) 6.4%.
C) 7.4%.
D) 8.2%.

Correct Answer:

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