A money market security has a face value of $10,000, a discount rate of 3%, and 182 days until maturity. What is the security's money market yield?

	a.	3.00%
	b.	3.09%
	c.	1.54%
	d.	3.05%

1 points

QUESTION 13

A money market security has a face value of $10,000, a discount rate of 3%, and 182 days until maturity. What is the security's bond equivalent yield?

	a.	1.54%
	b.	3.00%
	c.	3.09%
	d.	3.05%