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Sandra Waterman purchased a 52-week, $3,200 T-bill issued by the U.S. Treasury. The purchase price was $3,189.
(a) What is the amount of the discount?
Discount amount $
(b) What is the amount Ms. Waterman will receive when the T-bill matures?
Amount received $
(c) What is the current yield for the 52-week T-bill? (Enter your answer as a percent rounded to 2 decimal places.)
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