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You buy a Treasury note for $940. Instructions: Round your answers to two decimal places. a. If you receive a payment of $40 every

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You buy a Treasury note for $940. Instructions: Round your answers to two decimal places. a. If you receive a payment of $40 every six months, then the annual rate of return is: b. If you receive a payment of $30 every six months, then the annual rate of return is: c. If you receive a payment of $45 every six months, then the annual rate of return is: %. %. %.

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