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Points ] HARMATHAP 1 2 6 . 1 . 0 1 3 . ( a ) To buy a Treasury bill ( T - bill
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HARMATHAP
a To buy a Treasury bill Tbill that matures to $ in months, you must pay $ What annual simple interest rate does this earn? Round your answer to one decimal place.
b If the bank charges a fee of $ to buy a Tbill, what is the actual interest rate you earn? Round your answer to one decimal place.
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