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14. Which security has a higher effective annual interest rate? ( LO 10-6) a. A three-month T-bill with face value of $100,000 currently selling at

14. Which security has a higher effective annual interest rate? ( LO 10-6) a. A three-month T-bill with face value of $100,000 currently selling at $97,645. b. A coupon bond selling at par and paying a 10% coupon semiannually

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