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Treasury bills (T-bills ) can be purchased from a treasury department. You buy a T-bill for $982.30 that pays 173.20 that pays $1100 in $1200
Treasury bills (T-bills ) can be purchased from a treasury department. You buy a T-bill for $982.30 that pays 173.20 that pays $1100 in $1200 in 26 weeks. What simple interest rate does this T-bill earn
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