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A 6-Month (182-Day) Investment of CAD 15,500,000

Question 211

Multiple Choice

A 6-month (182-day) investment of CAD 15,500,000.00 yields a return of CAD 100,000.00. What is the rate of return?

A) 1.32%
B) 1.29%
C) 1.28%
D) 0.65%

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