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The average rate of return on a 182 day government of canada treasury bill sold on june 18, 2017 was 0.96% . a client sold
The average rate of return on a 182 day government of canada treasury bill sold on june 18, 2017 was 0.96% . a client sold the $50,000 t-bill after 53 days . what rate of return( per annum) did the client realize while holding the t-bill , if the short term interest for this maturity had risen to 1.05% by the date of sale ?
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