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Return on T-bills. Lauren purchased a $50,000 T-bill for $46,705. A few months later, Lauren sold the T-bill for $48,193. What was Lauren's return on

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Return on T-bills. Lauren purchased a $50,000 T-bill for $46,705. A few months later, Lauren sold the T-bill for $48,193. 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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