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You purchased a $1,000 par T-bill with 141 days to maturity for $977.97. You then sold this T-bill when it had 60 days to maturity
You purchased a $1,000 par T-bill with 141 days to maturity for $977.97. You then sold this T-bill when it had 60 days to maturity for $977.64. What is your realized return? Use a 360-day year. Report your answer in % to the nearest 0.01% but do not include % symbol in answer, e.g., enter 3.945% as 3.95. (Note: It's possible for the realized return to be negative.)
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