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QUESTION 7 Calculate the effective rate of return on a U.S. Treasury bill which matures in 61 days with a quoted price of $97.50 per

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QUESTION 7 Calculate the effective rate of return on a U.S. Treasury bill which matures in 61 days with a quoted price of $97.50 per $100 maturity value. 2.56% 16.41% 7.08% 15.38%

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