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The proceeds of a loan of $25,000 with a discount rate of 6% for 2 1/2 year is. Smith purchased a $20000 Treasury Bill at

The proceeds of a loan of $25,000 with a discount rate of 6% for 2 1/2 year is. Smith purchased a $20000 Treasury Bill at 7.5% discount rate for 5 years .How much Smith paid for the Treasury Bill. Kat...

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