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T. The Treasury DepaIIJnent auctioned $15 billion in 3month bills in denominations of $10,000 at a discount rate of 335096. What would he the effective

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T. The Treasury DepaIIJnent auctioned $15 billion in 3month bills in denominations of $10,000 at a discount rate of 335096. What would he the effective rate of interest? (Use calendar year. Do not round intermediate calculations. Round your answer to the nearest hundredth percent.)

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