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If a 90-day bank bill ($1000 face value) was purchased for $985.56on the date of issue and sold 30 days later for $991.14, what was
If a 90-day bank bill ($1000 face value) was purchased for $985.56on the date of issue and sold 30 days later for $991.14, what was the holding period return?
- 5.44% p.a.
- 5.66% p.a.
- 5.94% p.a.
- 6.89% p.a.
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