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A 6 0 - day maturity money market security has a bond equivalent yield of 2 . 8 5 percent. The security ' s EAR

A 60-day maturity money market security has a bond equivalent yield of 2.85 percent. The security's EAR is:
2.88 percent.
2.99 percent.
2.82 percent.
2.94 percent.
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