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If the yield-to-maturity on a 1 year treasury bill is 2.4%, what is the spot rate for 1 year? A. Greater than 2.4% B. 2.4%

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If the yield-to-maturity on a 1 year treasury bill is 2.4%, what is the spot rate for 1 year? A. Greater than 2.4% B. 2.4% O C. Less than 2.4% D. cannot be determined

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