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A Treasury bill with 1 1 3 days to maturity is quoted at 9 8 . 6 3 0 . What are the bank discount
A Treasury bill with days to maturity is quoted at What are the bank discount yield, the bond equivalent yield, and the
effective annual return?
Note: Do not round intermediate calculations. Enter your answers as a percent rounded to decimal places.
Answer is complete but not entirely correct.
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