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Jake purchased a $100,000 182-day T-bill discounted to yield 1.18%. When he sold it 60 days later, yields had dropped to 1.12%. How much

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Jake purchased a $100,000 182-day T-bill discounted to yield 1.18%. When he sold it 60 days later, yields had dropped to 1.12%. How much did Jake earn? (Use 365 days a year. Do not round intermediate calculations and round your final answer to 2 decimal places.) Jake earned GA

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