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Consider a $1000 par value T-bills sold at $895 with a maturity of a quarter of a year (91 days), the Bond equivalent yield and

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Consider a $1000 par value T-bills sold at $895 with a maturity of a quarter of a year (91 days), the Bond equivalent yield and the effective annual yield respectively are Select one: O a. 47% and 56% b. 44% and 65% c. 23% and 66% O d. 12% and 32% e. 31% and 52%

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