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On March 2, a Treasury bill expiring on April 20 had a bid discount of 5.80, and an ask discount of 5.86. What is the best estimate of the risk-free rate as given in the text?
Labatt Ale
A popular brand of beer produced in Canada, known for its history and variety of brews.
Single Peaked
A type of preference or opinion that, when graphed, shows a single top or highest preference, typically used in voting theory to describe voters' preferences over various issues.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning they can be used by more than one person at a time without depletion of the resource.
Pairwise Majority Voting
A voting system where each option is matched against every other option in separate votes, and the one winning the most matches is chosen.
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