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Average Rate of Return or Yield on 180-Day Government of Canada

question 27

Essay

Average rate of return or yield on 180-day Government of Canada treasury bills sold on June 18, 2013 was 1.04%. The client sold the $50 000 T-bill after 39 days. What rate of return (per annum) did the client realize while holding the T-bill, if the short term interest for this maturity had risen to 1.13% by the date of sale?

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Definitions:

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A diagnostic test involving thousands of DNA molecules placed on a glass slide or chip.

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Referring to studies or analysis that covers the entire genome of an organism.

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The process by which information from a gene is used to synthesize functional gene products such as proteins or RNA, ultimately dictating cellular function.

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A technology used in biology or medicine to monitor the expression of thousands of genes simultaneously or to genotype multiple regions of a genome.

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