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An investor is considering the purchase of a 2% Treasury Bill that is trading at a discount. Which of the following statements is correct? A

An investor is considering the purchase of a 2% Treasury Bill that is trading at a discount. Which of the following statements is correct? A The rate of return on this investment is equal to 2%. B The rate of return on this investment is greater than 2%. C The rate of return on this investment is less than 2%. D The rate of return on this investment cannot be predicted.

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