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The maturity times and discount rates for $15,000 T-bills sold on June 23, 2016, are given. Find the discount amount and the price of

The maturity times and discount rates for $15,000 T-bills sold on June 23, 2016, are given. Find the discount amount and the price of each T-bill. (a) one year; .56% (b) six months; .34% (c) three months; .26%

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To calculate the discount amount and price of each Tbill we need to use the formula Discount Face Va... blur-text-image

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