A 245-day T-billis selling for $9,556. The par is $10,000. The effective annual return on...
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A 245-day T-billis selling for $9,556. The par is $10,000. The effective annual return on the T-bill is: DON'T MAKE INTERMEDIATE ROUNDINGS. PRESENT YOUR ANSWER AS PERCENT ROUNDED TO ZERO DECIMAL PLACES, DONT WRITE THE PERCENTAGE SYMBOL FOR EXAMPLE IF THE ANSWER IS 44% JUST WRITE 44)
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