Over the past 35 years, the prevailing market yield or discount rate on 90-day T-bills has ranged
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(The period from 1979 to 1990 was a time of historically high inflation rates and interest rates.) How much more would you have paid for a $100,000 face value 90-day T-bill at the May 2009 discount rate than at the August 1981 discount rate?
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