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Assume that 3-month Treasury bills totaling $12 billion were sold in $10,000 denominations at a discount rate of 3.605%. In addition, the Treasury Department sold 6-month bills totaling $10 billion at a discount rate of 3.55%. a. What is the discount amount for 3-month bills?
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Assume that 3-month Treasury bills totaling $12 billion were sold in $10,000 denominations at a disc...
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