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A U . S . Treasury bill with 9 0 - day maturity sells at a bank discount yield of 6 % . a .

A U.S. Treasury bill with 90-day maturity sells at a bank discount yield of 6%.
a. What is the price of the bill? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit $ sign in your response.)
Price of the bill $ 985 Numeric ResponseEdit Unavailable. 985 correct.
b. What is the 90-day holding period return of the bill? (Do not round intermediate calculations. Round your answer to 4 decimal places.)
Holding period return of the bill 1.52 Numeric ResponseEdit Unavailable. 1.52 correct.%
c. What is the bond equivalent yield of the bill? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Bond equivalent yield of the bill 6.17 Numeric ResponseEdit Unavailable. 6.17 correct.%
d. What is the effective annual yield of the bill? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Effective annual yield of the bill

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