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1. The price of a 28-day $1000 face value T-bill is $998.28. Given 360 days a year, its discount rate is * 1.97% 1.98% 2.11%

1. The price of a 28-day $1000 face value T-bill is $998.28. Given 360 days a year, its discount rate is *

1.97%

1.98%

2.11%

2.21%

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