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An investor buys a T-bill at a bank discount quote of 5.50 with 180 days to maturity. The investor's actual annual rate of return on
An investor buys a T-bill at a bank discount quote of 5.50 with 180 days to maturity. The investor's actual annual rate of return on this investment is _____.
5.58%
6.91% 5.66%
5.73%
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