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If you bought a T-bill at $99.44 and held it for 180 days what would your return be?
Cartels
Formal agreements among competing firms in the same industry to control prices, production, and market shares, typically to maximize joint profits.
Late 19th Century
The period from 1871 to 1900, marked by significant industrialization, technological advancement, and the consolidation of national states.
Standard Oil Trust
An American corporate monopoly that existed at the end of the 19th and the start of the 20th centuries, managed by John D. Rockefeller and partners through a trust, and was a pivotal company in the early oil industry.
Sherman Antitrust Act
A landmark federal statute in the U.S. that prohibits monopolistic business practices.
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