Illustrate what would be the message

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Q. Which security has a higher effective annual interest rate?

a. A 3-month T-bill selling at $97.645 with par value $100.000.

b. A coupon bond selling at par also paying a 10% coupon semi-annually.

Q. Illustrate what medium would you use to communicate with the team? Illustrate what would be the message?

 

Reference no: EM1390669

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