A newly issued T bill with a $10,000 par value sells for $9,750, and has a 90 day maturity. What is the discount?
A) 10.26 percent
B) 0.26 percent
C) $2,500
D) 10.00 percent
E) 11.00 percent
Ans: D) 10.00 percent
Business
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Indicate whether the statement is true or false
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Which of the following accurately depicts the sequence of the stages of group development?
A) storming, forming, norming, and performing B) storming, norming, forming, and performing C) forming, storming, norming, and performing D) forming, norming, storming, and performing
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