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  • Question: What is the purchase price of a 50 -day T-bill with a maturity value of $2,324 that earns an annual interest rate of 4.569% ? (Assume a 360 -day year.)The purchase price is $(Round to two decimal places.)

    What is the purchase price of a 50 -day T-bill with a maturity value of $2,324 that earns an annual interest rate of 4.569% ? (Assume a 360 -day year.)
    The purchase price is $
    (Round to two decimal places.)
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    Given the purchase price of a 50 -day T -bill with a maturity value of $2,324 that earns an annual interest...

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