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The average price on 91-day Treasury bills at a recent Tuesday auction was 98.671 with maturity value 100. Calculate the T-bills annualized yield. (Use 365

The average price on 91-day Treasury bills at a recent Tuesday auction was 98.671 with maturity value 100.

Calculate the T-bills annualized yield. (Use 365 days in a year. Do not round intermediate calculations. Round the final answer to 2 decimal places.)

T-bills annualized yield _____ %

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