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Calculate the T - bill ask price and bond equivalent yield with 1 2 0 days to maturity, given the ask quote is 2 .

Calculate the T-bill ask price and bond equivalent yield with 120 days to maturity, given the ask quote is 2.50. Use $10,000 as the face value of the T-bills.
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$9,916.67;2.56%
$9,925;2.52%
$9,917.81;2.50%
$9,961.18;2.53%
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