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Question 15 A $15,000, 91-day T-bill is purchased for $14,878.70. What rate of return will it yield to the buyer? a) 3.24% b) 8.15% C)

Question 15 A $15,000, 91-day T-bill is purchased for $14,878.70. What rate of return will it yield to the buyer? a) 3.24% b) 8.15% C) 8.07% d) 3.27% e) 3.88%

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