Question: You bought a 1-year Treasury bill with a face value of $1,000 for $816.86. 9 months later, you sold it for $950.69. What was your
You bought a 1-year Treasury bill with a face value of $1,000 for $816.86. 9 months later, you sold it for $950.69.
What was your annualized return?
Can I see the formula to account for this answer?
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