Top Posters
Since Sunday
o
1
1
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
Hillier Hillier
wrote...
Go to Answer
Posts: 550
Rep: 5 0
6 years ago
Syed bought 168 day Government of Canada T-Bills on 30 April 2016, yielding 0.6%. The face value of the bills was $55 000. He immediately sold it to a client, Zeb, at a higher price that presented a yield to the client of 0.54%. Zeb sold the T-bills after 99 days, when the short term maturity had risen to 0.75%. What profit did Zeb make?
A) $15.11
B) $58.49
C) $0
D) $24.70
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
Read 127 times
3 Replies
Replies
Answer verified by a subject expert
AxyAxy
wrote...
#1
Posts: 349
Rep: 153 0
6 years ago Edited: A year ago, bio_man
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Hillier Author
wrote...
#2
6 years ago
Thank you for helping
wrote...
#3
A year ago
Y
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  904 People Browsing
 143 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 838
  
 630
  
 1011
Your Opinion
Which is the best fuel for late night cramming?
Votes: 146
Previous poll results: Where do you get your textbooks?