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A 50-day maturity money market security has a bond equivalent yield of 3.60 percent. What is the security's EAR? State your answer as a percentage

A 50-day maturity money market security has a bond equivalent yield of 3.60 percent. What is the security's EAR? State your answer as a percentage and round to two decimal places (e.g. four and a quarter percent would be expressed as 4.25).

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