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A 3-month $10,000 treasury bill with a simple annual discount rate of 0.21% was sold in 2016. Assume 365 days in a year. (a) Find

A 3-month $10,000 treasury bill with a simple annual discount rate of 0.21% was sold in 2016. Assume 365 days in a year.

(a) Find the price of the treasury bill (T-bill).

(b) Find the actual interest rate paid by the Treasury.

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