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Selena purchased a 2 1 0 - day $ 2 0 0 0 0 0 bank bill ( at simple interest ) on 1 4
Selena purchased a day $ bank bill at simple interest on March The purchase price was $ She sold this bank bill on April
Assume that Selena sold this bank bill at a price of $ and deposited all sale proceeds into an account to earn simple interest of pa What is her annualised simple interest yield on her day investment from March Give your answer as a decimal to five placesThe correct answer is:
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