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A money market security with 195 days to maturity can be bought with a 7.6 % bond equivalent yield . Calculate the security's EAR .

A money market security with 195 days to maturity can be bought with a 7.6 % bond equivalent yield . Calculate the security's EAR . Input your final answer in decimal format rounded to three decimal places 12.3% should be entered as .123 )

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