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93-day T-bill with face value of $10,000 costs $9,923. Estimate the bond equivalent yield. A. 2.70%. B. 2.98%. C. 3.00%. D. 3.05%.

93-day T-bill with face value of $10,000 costs $9,923. Estimate the bond equivalent yield.

A. 2.70%.

B. 2.98%.

C. 3.00%.

D. 3.05%.

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