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What is the purchase price of a 50-day T-bill with a maturity value of $2,225 that earns an annual interest rate of 3.673%? (Assume a
What is the purchase price of a 50-day T-bill with a maturity value of $2,225 that earns an annual interest rate of 3.673%? (Assume a 360-day year) The purchase price is $ (Round to two decimal places)
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