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The two data sets are dependent. Find to the nearest tenth.
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Treasury Bills
Short-term government securities with maturation periods of one year or less, considered a safe and liquid investment option.
Opportunity Costs
The cost of missing out on the next best alternative when making a decision.
Cash Balance
The amount of cash a company has available at any given time, including bank balances and cash on hand.
Opportunity Cost
The cost of foregoing the next best alternative when making a decision. It represents the benefits that could have been received but were given up to take another course of action.
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