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29 December, 08:27

The given treasury bill was sold in april of this year. find (i) the price of the t-bill, and (ii) the actual interest rate paid by the treasury. round dollar amounts to the nearest cent and interest rates to the nearest thousandth. six-month $17,000 t-bill with discount rate 0.130%

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  1. 29 December, 08:36
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    (i) $2997.75

    (ii) about 0.075%
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