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25 An investor buys a T-bill at a bank discount quote of 5.20 with 90 days to maturity. The investor's actual annual rate of return

An investor buys a T-bill at a bank discount quote of 5.20 with 90 days to maturity. The investor's actual annual rate of return on this investment is 5.34% 5.53% 5.20% 5.27%

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