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Sandra Waterman purchased a 52 week, $4,200 T bill issued by the US Treasury. The purchase price was $1184 (a) What is the amount of
Sandra Waterman purchased a 52 week, $4,200 T bill issued by the US Treasury. The purchase price was $1184 (a) What is the amount of the discount? Discount amount (b) What is the amount Ms. Waterman will receive when the bill matures? Maturity value (c) What is the current yield for the 52-week T.bill at the time of purchase? (Enter your answer as a percent rounded to 2 decimal places.) Current yield
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