Question
18. A 60-day maturity money market security has a bond equivalent yield of 4 %. The security's EAR (Effective Annual Return) is (5point) A.
18. A 60-day maturity money market security has a bond equivalent yield of 4 %. The security's EAR (Effective Annual Return) is (5point) A. 3.69%. B. 3.61%. C. 3.55%. D. 3.87%. E. 4.06%. I
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Valuation Measuring and managing the values of companies
Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel
5th edition
978-0470424650, 9780470889930, 470424656, 470889934, 978-047042470
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