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qch6:q6 Return on T-bills. Lauren purchased a $50,000 T-bill for $47,588. A few months later, Lauren sold the T-bill for $48,744. What was Lauren's return
qch6:q6 Return on T-bills. Lauren purchased a $50,000 T-bill for $47,588. A few months later, Lauren sold the T-bill for $48,744. What was Lauren's return on the T-bill? Lauren's return on the T-bill is \%. (Round to two decimal places.)
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