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A $120,000, 182-day Province of New Brunswick Treasury bill was issued 86 days ago. What will it sell at today to yield the purchaser
A $120,000, 182-day Province of New Brunswick Treasury bill was issued 86 days ago. What will it sell at today to yield the purchaser 4.88%? (Use 365 days a year. Do not round the intermediate calculations. Round your answer to the nearest cent.) Price $
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