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An investor buys a T - bill at a bank discount quote of 4 . 8 0 with 1 5 0 days to maturity for

An investor buys a T-bill at a bank discount quote of 4.80 with 150 days to maturity for $9800. The bill has a face value of $10,000. The investor's bond equivalent yield on this investment is
2.43%
4.8%
4.9%
4.97%
5.47%

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