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    Exam 1: Simple Interest and Simple Discount
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    What Is the Price of a $100,000 182-Day T-Bill If
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What Is the Price of a $100,000 182-Day T-Bill If

Question 84

Question 84

Multiple Choice

What is the price of a $100,000 182-day T-bill if the yield rate is 5%?


A) $97,506.85
B) $97,567.50
C) $102,493.15
D) $102,556.90

Correct Answer:

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