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Consider a T-Bill with a face value of $1,000, a maturity of 170 days, and a price between $900 and $999. Select the incorrect statement

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Consider a T-Bill with a face value of $1,000, a maturity of 170 days, and a price between $900 and $999. Select the incorrect statement regarding yields on this security. As the price decreases, the Discount Yield increases. The Effective Annual Rate must be less than the Bond Equivalent Yield. The Bond Equivalent Yield must be greater than the Discount Yield. The Effective Annual Rate must be greater than the Discount Yield

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