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1. You want to buy a treasury bill with a maturity of 26 weeks (= 6 months). Suppose the APR is 4.8% compounded monthly. The

1. You want to buy a treasury bill with a maturity of 26 weeks (= 6 months). Suppose the APR is 4.8% compounded monthly. The T-bill will pay us $10,000 in 13 weeks. How much will the bond be sold for?

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