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(Solved): Assume that the original price of a three-month treasury bill with a redeemable value of $100 was $9 ...



Assume that the original price of a three-month treasury bill with a redeemable value of

$100

was

$96

. and one month later it was sold for

$96

. By how many percentage points will the rate of return on this bill change? Note: Round your answer below to 1 decimal place.

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