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(a) Determine the price paid for a 91-day, $150 000 Province of Ontario treasury bill that yields 2.5% per year. Please show your work... (b)
(a) Determine the price paid for a 91-day, $150 000 Province of Ontario treasury bill that yields 2.5% per year. Please show your work...
(b) Calculate the maturity value for a $2000 promissory note issued on March 31/2022 at 3.5% for 90 days. Please show your work...
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