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3. Ahly Bank enters an auction to purchase a six-month T-bill EGP 24,780 per EGP 25,000 of face value. Zeina purchased the T-bill when it

3. Ahly Bank enters an auction to purchase a six-month T-bill EGP 24,780 per EGP 25,000 of face value. Zeina purchased the T-bill when it still has 180 days before maturity. What is the discount rate?

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