Month: July 2019

Assume a $1,000 Treasury bill is quoted to pay 5 percent interest over a six-month period. a.         How much interest would the investor receive?             The investor would receive $24.99 or $25.00 if rounded up on their investment b.         What will be the price of the Treasury bill?             The price of the Treasury bill…

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In the business world today, we must have a firm grasp on the underlying concepts of contract formation to ensure that we make the best deal possible for our company and perform all of our obligations as necessary. As you discovered last week, contractual claims are going to be one of the common claims that…

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