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A U.S. T-bill has a quoted rate of 8%, matures for 5,000 in 90 days, and was purchased for X. A Canadian T-bill has a
A U.S. T-bill has a quoted rate of 8%, matures for 5,000 in 90 days, and was purchased for X. A Canadian T-bill has a quoted rate of 10%, matures for Y in 180 days, and was purchased for 4,800. Calculate (Y - X). 135 B 137 C 139 D 141 E 143
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