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An investor recently bought a financial asset with a price of $ 9 7 , 0 0 0 that will mature in 1 2 0

An investor recently bought a financial asset with a price of $97,000 that will mature in 120 days with a face value of $100,000. What is the annualised holding period yield for this financial security?
Select one:
O a.9.407 per cent
O b.4.00 per cent
O c.3.00 per cent
O d. None of the given answers.

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