Which investment will provide a higher return

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Reference no: EM131306231

Investment Return.

Thomas can invest $10,000 by purchasing a 1-year T-bill for $9,275, or he can place the $10,000 in a 12-month CD paying 8%.

Which investment will provide a higher return? In addition to return, what else should Thomas consider when making his investment decision?

Reference no: EM131306231

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