Treasury bills with a nominal value of TL 1.000, which are 280 days to maturity, to 867 What is the annual interest rate applied for these treasury bills since you bought them in lira? (1 year 365 take in days)

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter9: Accounting For Receivables
Section: Chapter Questions
Problem 21MC: A customer takes out a loan of $130,000 on January 1, with a maturity date of 36 months, and an...
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Treasury bills with a nominal value of TL 1.000, which are 280 days to maturity, to 867
What is the annual interest rate applied for these treasury bills since you bought them in lira? (1 year 365
take in days)

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