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Jake purchased a $25,000 180-day T-bill discounted to yield 1.26%. When he sold it 60 days later, yields had dropped to 1.20%. How much did

Jake purchased a $25,000 180-day T-bill discounted to yield 1.26%. When he sold it 60 days later, yields had dropped to 1.20%. How much did Jake earn? (Do not round intermediate calculations and rou...

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