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Calculate the bond equivalent yield and effective annual return on a negotiable CD that is 1 2 0 days from maturity and has a quoted

Calculate the bond equivalent yield and effective annual return on a negotiable CD that is 120 days from maturity and has a quoted
nominal yield of 6.56 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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