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1o A 60-day maturity money market security has a bond equivalent yield of 3.60 percent. The security's EAR is A) 3.45 percent B) 3.50 percent

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1o A 60-day maturity money market security has a bond equivalent yield of 3.60 percent. The security's EAR is A) 3.45 percent B) 3.50 percent C) 3.55 percent. D) 3.60 percent E) 3.65 percent

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