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A treasury bill with 64 days to maturity is quoted at 99.012. what is the bank discount yield, the bond equivalent yield, and the effective
A treasury bill with 64 days to maturity is quoted at 99.012. what is the bank discount yield, the bond equivalent yield, and the effective annual return?
PLEASE SHOW CALCULATION FOR EAR
i got 5.558% for the discount yield and 5.691% for the bond equivalent yield.
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