S Steven H Guest Jul 1, 2008 #1 In June 2004, John pays $9,800 for a one-year T-Bill that can be redeemed for $10,000. What is the effective interest? What is the yield?
In June 2004, John pays $9,800 for a one-year T-Bill that can be redeemed for $10,000. What is the effective interest? What is the yield?