You have a choice between investing $10,000 in a CD that in six months will pay you $10,190 or investing $9,800 in a T-bill that in 182 days will return $10,000

Ignoring any opportunity cost between the two investments, which will give you the higher annualized return and what will the annualized return be?
A) T-bill; 2.2%
B) T-bill; 4.09%
C) CD; 3.8%
D) CD; 1.9%


Answer: B

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