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Please find the implied annual return (rounded to two places) for the following real-world contract: a 2-year Treasury Note with a face value of $1,000,
Please find the implied annual return (rounded to two places) for the following real-world contract: a 2-year Treasury Note with a face value of $1,000, no coupon payments and a current market price of $932.76.
Multiple Choice
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3.54%
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2.93%
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none of the above
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4.06%
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3.12%
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