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7. A $500,000, 91-day T-bill was issued 35 days ago. At what price will it sell today in order to yield the purchaser 1.90%? a.

7. A $500,000, 91-day T-bill was issued 35 days ago. At what price will it sell today in order to yield the purchaser 1.90%?

a. $498,546.70 b. $496,523.97 c. $495,993.67 d. $494,438.36

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