What is the purchase price of a​ 50-day T-bill with a maturity value of ​$2600 that earns an annual interest rate of 6.75 %? (Assume a​ 360-day year.)

 What is the purchase price of a​ 50-day T-bill with a maturity value of ​$2600 that earns an annual interest rate of 6.75 %? (Assume a​ 360-day year.)

 

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