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A company is investigating the purchase of a banker’s acceptance (BA). The $1,000,000 face value BA has 150 days to maturity and is quoted at 4.05 percent on a discount-basis yield. If the company’s marginal tax rate is 25 percent, then the money market yield on the BA is closest to:) g3 d# Y, j, H
% E! b* p5 f5 wA. 3.13%.
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, C( M* B# b: ~$ k5 RB. 4.12%.
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; T2 n* O6 h, ~* S; @C. 4.18%.+ U/ o) R* X0 }( M' y( O# ^ H
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发表于 2015-12-17 15:37:05
发表于 2016-1-12 12:42:06
