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A $ 1 0 0 , 0 0 0 , 1 6 8 - day Government of Canada Treasury bill was purchased on its date
A $day Government of Canada Treasury bill was purchased on its date of issue to yield
a What price did the investor pay? Do not round the intermediate calculations. Round your answer to decimal places.
Price $
b Calculate the market value of the Tbill days later if the annual rate of return then required by the market has Do not round the intermediate calculations. Round your answers to decimal places.:
i risen to $
ii remained at $
iii fallen to $
c What rate of return was realized by the investor days later if the Tbill was sold at a market rate of: Do not round the intermediate calculations. Round your answers to decimal places:
i risen to
ii remained at
iii fallen to
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