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You can purchase a T - bill that is 9 5 days from maturity for $ 9 , 9 6 5 . The Tbill has

You can purchase a T-bill that is 95 days from maturity for $9,965. The Tbill has a face value of $10,000.(LG 5-2)
a. Calculate the T-bill's quoted yield.
b. Calculate the T-bill's bond equivalent yield.
c. Calculate the T-bill's EAR.
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