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Suppose you pay $9500 for a $10,000 face-value Treasury bill maturing in 30 months. What is the annualized holding period return for this investment, assuming

Suppose you pay $9500 for a $10,000 face-value Treasury bill maturing in 30 months. What is the annualized holding period return for this investment, assuming that you hold the bill until maturity?

1.35%

8.95%

2.07%

2.89%

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