ACI
3I0-012 · Question #152
A 6-month (182-day) investment of CAD 15,500,000.00 yields a return of CAD 100,000.00. What is the rate of return?
The correct answer is C. 1.28%. See the full explanation below for the reasoning.
Question
A 6-month (182-day) investment of CAD 15,500,000.00 yields a return of CAD 100,000.00. What is the rate of return?
Options
- A1.32%
- B1.29%
- C1.28%
- D0.65%
How the community answered
(58 responses)- A7% (4)
- B3% (2)
- C78% (45)
- D12% (7)
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