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A 90-day T-bill futures expires in 100 days. Spot price of the 190-day T-bill is $98. A 100-day risk-free interest rate is 3.5% p.a. The yield on this futures contract is
[A]2.25%
[B]2.45%
[C]3.35%
[D]4.35%
Jan 01 2018 Read more Less More
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