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Determine the discount rate and bond equivalent yield for a Treasury bill that has a $10,000 par value, 90 days until maturity and is currently
Determine the discount rate and bond equivalent yield for a Treasury bill that has a $10,000 par value, 90 days until maturity and is currently selling for $9,218. Please explain any differences in the approach to calculating each of these yields and how those differences would affect your relative results.
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