If the holding-period return on a money market mutual fund for the most recent seven days is

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If the holding-period return on a money market mutual fund for the most recent seven days is 0.081%, what current (simple) yield and effective annualized yield will be quoted for the fund in the financial media?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Jan 20, 2016 07:35 AM

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If the holding-period return on a money market mutual fund for the most recent seven days is

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Business Mathematics In Canada

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