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Suppose you pay $9,480 for a $10,000 par Treasury bill maturing in 3 months. What is the holding-period return for this investment? a. -5.20% b.

Suppose you pay $9,480 for a $10,000 par Treasury bill maturing in 3 months. What is the holding-period return for this investment? a. -5.20% b. -1.60% c. 5.49% d. 1.62%

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