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Calculate the bond equivalent yield and effective annual return on fed funds that are 5 days from maturity and have a quoted yield of 0
Calculate the bond equivalent yield and effective annual return on fed funds that are days from maturity and have a quoted yield of
percent.
Note: Use days in a year. Do not round intermediate calculations.
Round your percentage answers to decimal places. eg
Bond Equivalent Yield BEY:
Effective Annual Return EAR:
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