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    Exam 7: Applications of Simple Interest
  5. Question
    Calculate the Price of a $25,000, 91-Day Province of British
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Calculate the Price of a $25,000, 91-Day Province of British

Question 129

Question 129

Short Answer

Calculate the price of a $25,000, 91-day Province of British Columbia Treasury bill on its issue date if the current market rate of return is 3.672%.

Correct Answer:

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