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2- Second day, FirstBank decides to invest $50 million in 30-day T-bills. The T-bills are currently trading at $2,980 for a $3,000 face value instrument.

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2- Second day, FirstBank decides to invest $50 million in 30-day T-bills. The T-bills are currently trading at $2,980 for a $3,000 face value instrument. How many do they purchase? What does the balance sheet look like after this purchase? Show it in a T-table (like above table)

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