Mathematics, 12.04.2021 02:30 jaffeisabel
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 dollars at a discount rate of 3.55%.
What is the discount amount for the three-month bills?
What is the discount amount for the six-month bills?
Answers: 3
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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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