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1. Which of the following combinations of variables are used to compute bond equivalent yields? Select only one. A. Face value and a 360-day year
1. Which of the following combinations of variables are used to compute bond equivalent yields? Select only one.
A. Face value and a 360-day year
B. Purchase price and a 360-day year
C. Purchase price and a 365-day year
D. Face value and a 365-day year
2. Which of the following can we not use to determine the purchase price of a T-Bill?
A. Discount Yield equation
B. Single Payment Yield equation
C. Bond Equivalent Yield equation
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