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d ) Man - Duen owns a $ 3 0 , 0 0 0 . 0 0 T - bill that matures on 2 0

d) Man-Duen owns a $30,000.00 T-bill that matures on 2017-12-27. His target price is $28,237.85, the (annual) simple interest rate is 7.150% and the daycount convention is ACT /365. What is the first date on which he can sell the T-bill for more than the target price? How much does he receive?

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