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What is the amount of the discount

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Question - Sandra Waterman purchased a 52-week, $1,800 T-bill issued by the U.S. Treasury. The purchase price was $1,796.

(a) What is the amount of the discount?

(b) What is the amount Ms. Waterman will receive when the T-bill matures?

(c) What is the current yield for the 52-week T-bill at the time of purchase?

Reference no: EM133133300

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