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A 4-week Government of Canada Treasury Bill maturing for $1000 is bought at a quoted rate of 6% annually. Find the price of this T-Bill.

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A 4-week Government of Canada Treasury Bill maturing for $1000 is bought at a quoted rate of 6% annually. Find the price of this T-Bill. Possible Answers A 995.42 B 995.36 C995.33 D 987.12 E 985.35

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