Syed bought 168 day Government of Canada T-Bills on 30 April 2016, yielding 0.6%. The...
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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 immedia higher price that presented a yield to the client of 0.54%. What profit did Syed make? Select one: O A. $0 O B. $15.11 OC. $54 863.64 O D. $54 848.53
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