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What would be the effective annual rate of return on your investment if you bought this bill today and were able to sell it back

  1. What would be the effective annual rate of return on your investment if you bought this bill today and were able to sell it back to a dealer after 28 days, assuming that yields do not change over time?

A. 1.31%

B. 1.61%

C. 1.53%

D. 1.13%

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