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A T-bill that is 225 days from maturity is selling for 598,850. The T-bil has a face value of $100,000. Calculate the effective annual rate

A T-bill that is 225 days from maturity is selling for 598,850. The T-bil has a face value of $100,000. Calculate the effective annual rate on the T-bill, 1.415% O 2.768% 1.498% 1.894% 1.380%

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