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Noah buys a US Treasury Bill that matures for 50,000 in 150 days. Noah will earn an annual effective interest rate on his investment of

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Noah buys a US Treasury Bill that matures for 50,000 in 150 days. Noah will earn an annual effective interest rate on his investment of 6.7%. Calculate the quoted rate on this Treasury Bill. (Enter answer as a decimal and round to the nearest 5 decimal places.)

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