Business, 10.12.2020 16:20 montgomerykarloxc24x

A U. S. Treasury bill with 97 days to maturity is quoted at a discount yield of 1.95 percent. Assume a $1 million face value. What is the bond equivalent yield?

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A U. S. Treasury bill with 97 days to maturity is quoted at a discount yield of 1.95 percent. Assume...

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