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Mathematics, 04.12.2021 22:20 sk9600930

Robin purchased a $160,000 182-day T-bill discounted to yield 1.96%. When he sold it 45 days later, yields had dropped to 1.82%. How much did Robin earn?

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Robin purchased a $160,000 182-day T-bill discounted to yield 1.96%. When he sold it 45 days later,...
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