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    Exam 7: Applications of Simple Interest
  5. Question
    If Short-Term Interest Rates Do Not Change, What Happens to a T-Bill's
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If Short-Term Interest Rates Do Not Change, What Happens to a T-Bill's

Question 25

Question 25

Essay

If short-term interest rates do not change, what happens to a T-bill's fair market value as time passes?

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The fair market valu...

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