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Return on T-bills. Lauren purchased a $50,000 T-bill for $46,364. A few months later, Lauren sold the T-bill for $47,842. What was Lauren's retum on

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Return on T-bills. Lauren purchased a $50,000 T-bill for $46,364. A few months later, Lauren sold the T-bill for $47,842. What was Lauren's retum on the T-bil? Lauren's return on the T-billis % (Round to two decimal places.)

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