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A Treasury bill that is 2 7 0 days from maturity is selling for $ 9 6 , 0 0 0 . The Treasury bill
A Treasury bill that is days from maturity is selling for $ The Treasury bill has a face value of $
a Calculate the discount yield, bond equivalent yield, and EAR on the Treasury bill.
b Calculate the discount yield, bond equivalent yield, and EAR on the Treasury bill if it matures in days.
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Calculate the discount yield, bond equivalent yield, and EAR on the Treasury bill. Use days for discount yield and
days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round
your percentage answers to decimal places. eg
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