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Problem 6 An investment dealer bought a 91-day Canada T-bill to yield an annual rate of return of 4.21%. 1 . What was the price

Problem 6 An investment dealer bought a 91-day Canada T-bill to yield an annual rate of return of 4.21%. 1 . What was the price paid by the investment dealer for T-bill with a face value of $100,000 ? 2. The investment dealer resold the $100,000 T-bill the same day to an investor to yield 4.06%. What was the investment dealer's profit on the transaction

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