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  3. on march 3, 2006, treasury bills due in 90 days we

On March 3, 2006, Treasury bills due in 90 days were quotes at a discount...

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Finance

On March 3, 2006, Treasury bills due in 90 days were quotes at a discount rate of 8 %. If a bill was

bought by an investor and held to its maturity, at what rate did the investment yield simple interest?

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