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8. The average rate of return on a 182-day Government of Canada treasury bill sold on June 18, 2017 was 0.96%. A client sold the

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8. The average rate of return on a 182-day Government of Canada treasury bill sold on June 18, 2017 was 0.96%. A client sold the $50 000 T-bill after 53 days. What rate of return (per annum) did the client realize while holding the T-bill, if the short-term interest for this maturity had risen to 1.05 % by the date of sale

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