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You Buy a T-Bill, Which Has a Par Value of $10,000

Question 48

Multiple Choice

You buy a T-bill, which has a par value of $10,000 for $9,600 and the T-bill has a one-year maturity. What will be your return?

A) 2.5%
B) 4.2%
C) 4.8%
D) 6.0%

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