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Calculate and Compare the Market Values of a $100,000 Face

Question 72

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Calculate and compare the market values of a $100,000 face value Government of Canada Treasury bill on dates that are 91 days, 61 days, 31 days, and one day before maturity. Assume that the rate of return required in the market stays constant at 3% simple interest over the lifetime of the T-bill.

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91 days = $99,258; 6...

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