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What Would Be the Annualized Return to an Investor Who

Question 77

Multiple Choice

What would be the annualized return to an investor who purchases a one-year $10,000 T-bill for $9,600 and sells it on the secondary market 90 days after the purchase for $9,750?


A) 3.5%
B) 6.34%
C) 10.14%
D) 16.22%

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