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    Treasury bill

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    A three-month Treasury bill and a six-month bill both sell at a discount of 10 percent. Which offers the higher annual yield?

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    Treasury bill
    A three-month Treasury bill and a six-month bill both sell at a discount of 10 percent. Which offers the higher annual yield?
    Value of Treasury ...

    Solution Summary

    This solution is comprised of a detailed explanation to answer which Treasury bill offers the higher annual yield.

    $2.19

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