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You submit a noncompetitive bid to purchase a 28-day $1000.00 treasury bill, and you find that you are buying the bond for $999.98222. What is

You submit a noncompetitive bid to purchase a 28-day $1000.00 treasury bill, and you find that you are buying the bond for $999.98222. What is your discount rate?

A) 0.000492 B) 0.000392 C) 0.000229 D) 0.000402

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