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Suppose investors can earn a return of 4.5% per 6 months on a Treasury note with 6 months remaining until maturity. The face value of

Suppose investors can earn a return of 4.5% per 6 months on a Treasury note with 6 months remaining until maturity. The face value of the T-bill is $10,000.

Required:

What price would you expect a 6-month-maturity Treasury bill to sell for?

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