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In the morning, effective annual rate (compounded) rate was 76% for 6 months T.Bill with the face value of 15,000 TL. However, in the afternoon,
In the morning, effective annual rate (compounded) rate was 76% for 6 months T.Bill with the face value of 15,000 TL. However, in the afternoon, the same rate becomes 92%. a) Determine if there is Calculate capital gain or loss. b) Compute the magnitude.
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