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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:6 I4 k: n2 x+ p, Q( j
C, @5 Q% |7 ^5 s) l9 Z" ~A. 3.13%.* a/ w- f5 k* m* i# R
% J7 ~ k+ }' O% E" W0 f4 h' I5 B* y" VB. 4.12%.4 i) x: a8 L2 J @2 P f% ~6 H
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C. 4.18%.6 R' D4 F: g1 ~9 d& R
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回复见答案和详解!. : _: r/ n/ w4 s
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