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tempt 1 Question 1/ (6 points) Word Problem Question 1: (You must submit an image of your FULL solution to the question in eConestoga. Go
tempt 1 Question 1/ (6 points) Word Problem Question 1: (You must submit an image of your FULL solution to the question in eConestoga. Go to "Course Tools", "Assignments", [Midterm Submission]) Jojo bought a 60-day, $450,000 Treasury Bill (T-Bill) on its issue date when the market rate of return was 3.7%. Blank #1. What was the purchase price of the T-Bill on its date of issue? (Round to 2 decimal places, no $ sign. For example, $89,123.36 input as 89,123.36) Blank #2. Jojo sold the T-Bill 28 days later when the market rate of return was 4.13%. What was the price of the T-Bill on its date of sale. (Round to 2 decimal places, no $ sign. For example, $89,123.36 input as 89,123.36) Blank #3. What rate of return did Jojo realize? (Round to 2 decimal places, no % sign. For example, 5.32% input as 5.32) Blank # 1 Blank # 2 AJ
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