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9) A treasury (T-bill) was sold in July of 2017. Six-month $15,500 T-bill with a discount rate of 6.2%. Find: a) The Price of the
9) A treasury (T-bill) was sold in July of 2017. Six-month $15,500 T-bill with a discount rate of 6.2%. Find: a) The Price of the bill. b) The actual interest paid by the treasury. Round four digits after the decimal (in final percent form)
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