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An investment dealer acquired a $5000.00, 364-day Government of Canada treasury bill on its date of issue at a price of $4924.37. What is the
An investment dealer acquired a $5000.00, 364-day Government of Canada treasury bill on its date of issue at a price of $4924.37. What is the annual rate of return? The rate of return is 1%. (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.)
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