Question: 1 . William purchased a $ 1 1 0 , 0 0 0 2 7 0 - day commercial paper on its date of issue,
William purchased a $day commercial paper on its date of issue, when the yield was He sold it days later when yields had increased to How much money did William earn on his investment?
A day Province of Ontario Tbill with a $ face value matures on December Farrah works for Hearthplace Industries and notices that the company temporarily has some extra cash available. If she invests the money on October when the yield is and sells the Tbill on November when the yield is calculate how much money Farrah earned and the rate of return she realized.
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