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  3. you want to purchase a 1 year treasury bill that p

You want to purchase a 1 year treasury bill that pays you $1,000 at maturity....

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Accounting

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You want to purchase a 1 year treasury bill that pays you $1,000 at maturity. If the current market rate of interest is 0.75% annually, what will you need to pay for the treasury? How much interest will you earn (in dollars) on the investment

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