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Determine the following: (a) A $100,000, 182-day Province of New Brunswick Treasury-Bill was issued 56 days ago. What will it sell at today to yield

Determine the following: (a) A $100,000, 182-day Province of New Brunswick Treasury-Bill was issued 56 days ago. What will it sell at today to yield the purchaser 4.88%? (b) A $2500 promissory note has a term of 100 days and interest rate of 4%. What payment will be received by the holder of the note at maturity of the note?

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