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A newly issued T-bill with a $10,000 par value sells for $9,750, and has a 90-day maturity. What is the discount?
African Slaves
Individuals from Africa who were forcibly taken from their homeland and sold into slavery, primarily to work in the Americas on plantations and in other labor-intensive roles.
Barbados
An island country in the Lesser Antilles, in the Caribbean region of North America, known for its beach resorts and as a historical sugar plantation economy.
Slave Code
Laws established in the colonial and antebellum South that defined the status of slaves and the rights of masters, severely restricting slaves' freedoms and justifying their mistreatment.
Barbados
An island country in the Eastern Caribbean known for its beaches, botanical gardens, and the birthplace of rum.
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