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Suppose you pay $9,700 for a $10,000 par Treasury bill maturing in 3 months. What is the holding-period return for this investment? Select one: a.
Suppose you pay $9,700 for a $10,000 par Treasury bill maturing in 3 months. What is the holding-period return for this investment?
Select one:
a.
16.71%
b.
12.42%
c.
3.09%
d.
3.01%
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