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Question 8 (1 point) An investor buys a $1,000 T-bill with 100 days to maturity at a discount yield of 3.0%. The investor's bond equivalent
Question 8 (1 point)
An investor buys a $1,000 T-bill with 100 days to maturity at a discount yield of 3.0%. The investor's bond equivalent yield on this investment is _____.
A: 2.95%
B: 3.07%
C: 3.24%
D: 3.48%
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