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An investor buys a security at a bank discount rate of 0.046 with 180 days to maturity. The investor's bond equivalent yield on this investment
An investor buys a security at a bank discount rate of 0.046 with 180 days to maturity. The investor's bond equivalent yield on this investment is _____.
0.0466 | ||
0.0471 | ||
0.0118 | ||
0.0477 | ||
0.046 |
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