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Calculate the bond equivalent yield and effective annual return on a negotiable CD that is 1 1 0 days from maturity and has a quoted

Calculate the bond equivalent yield and effective annual return on a negotiable CD that is 110 days from maturity and has a quoted nominal yield of 6.84 percent. (Use 365 days in a year. Do not round intermediate calculations. Round your percentage answers to 3 decimal places. (e.g.,32.161))

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