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The given Treasury bill was sold in August 2008. Find (i) the price of the T-bill,...

The given Treasury bill was sold in August 2008. Find (i) the price of the T-bill, and (ii) the actual interest rate paid by the Treasury. Round dollar amounts to the nearest cent and interest rates to the nearest thousandth.

Six-month $15,000 T-bill with discount rate 2.170%

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