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3 One year ago you bought a $10,000, 4-year Government of Canada Treasury Bill (discount bond) at the then market yield of 5%. Today the
3 One year ago you bought a $10,000, 4-year Government of Canada Treasury Bill (discount bond) at the then market yield of 5%. Today the market yield on the bond is 3% and now you find that must sell the bill.
What is your one period holding period return on your investment?
And What is the current market price of the billStep by Step Solution
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