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Calculate the Bond Equivalent Yield for a 180-day T-bill that is purchased at a 3% asked yield. The T-Bill has a face value of $10,000

Calculate the Bond Equivalent Yield for a 180-day T-bill that is purchased at a 3% asked yield. The T-Bill has a face value of $10,000 (hint: you will need to calculate the purchase price before the yield, show work

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