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:

Operant Conditioning

An instructional process in which the vigor of a behavior is shaped by the use of reinforcement or punishment.

Thorndike And Skinner

Scholars in the field of psychology known for their contributions to behaviorism and learning theories.

Instrumental Conditioning

A learning process through which the strength of a behavior is modified by reward or punishment.

Biological Causes

Refers to the physiological and genetic factors contributing to the development of diseases or health conditions.