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Joe bought a US Treasury T-bill that matures 91 days later. He will hold the T-bill till it matures. Joe said he could calculate the

Joe bought a US Treasury T-bill that matures 91 days later. He will hold the T-bill till it matures. Joe said he could calculate the variance of his T-bill returns as there is variability in the T-bill returns that he bought. Do you agree with Joe? You may assume that the US Treasury securities are default-free.

Group of answer choices

No, I do not agree with Joe.

Yes, I agree with Joe.

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