An investor purchased a 182day, $25,000 Province of Alberta Treasury bill on its date of issue for
Question:
a. What rate of return was implied in the original price?
b. What rate of return did the market require on the sale date?
c. What rate of return did the original investor actually realize during the 60day holding period?
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a The interest effectively earned if held until maturity is I S P 25000 24610 39...View the full answer
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