Calculate the price of a $50,000, 91-day Province of Nova Scotia Treasury bill on its issue date

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Calculate the price of a $50,000, 91-day Province of Nova Scotia Treasury bill on its issue date when the market rate of return was 1.273%.

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Fundamentals Of Business Mathematics In Canada

ISBN: 9781259370151

3rd Edition

Authors: F. Ernest Jerome, Jackie Shemko

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Question Posted: Oct 21, 2020 05:53 AM

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Calculate the price of a $50,000, 91-day Province of Nova Scotia Treasury bill on its issue date

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Strategy the amount for bill is paid 50000 So to find the actual amount of bill ...View the full answer

Fundamentals Of Business Mathematics In Canada

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