Chapter 8 - Simple Interest Applications Treasury bill yield. An investment dealer acquired a $5,000, 91 day Province of Alberta treasury bill on its date of issue at a price of $4,950.91. What was...

Extracted text: Chapter 8 - Simple Interest Applications Treasury bill yield. An investment dealer acquired a $5,000, 91 day Province of Alberta treasury bill on its date of issue at a price of $4,950.91. What was the annual rate of return? (Provide a percentage correct to 4 decimal places.) (Do not include the % sign in your answer.) Rate of return = Check Next page