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Suppose a 90 day zero coupon bond has a yield of 3% per annum with effective annual compounding. Find the quoted discount yield using the

Suppose a 90 day zero coupon bond has a yield of 3% per annum with effective annual compounding. Find the quoted discount yield using the market convention for US Treasury bills. a. 2.94% b. 2.90% c. 2.95% d. None of the above

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