What is the annualized yield on treasury bill

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1. What is the annualized yield on a Treasury bill that you purchase for $9960 and that will mature in 91-days with a face value of $10,000?

2. Panhandle Medical System's 2013 balance sheet showed total common equity of $809 million. The company had 50 million shares of stock outstanding which sold at a price of $20 per share. The firm's market value of equity (i.e., market cap) is $_______ million. (Please answer as a whole number,i.e., no decimal)

Reference no: EM131973059

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