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What is the discount yield bond equivalent yield and effective annual return on a $1 million Treasury bill that currently sells at 97 3/8 percent of its face value and is

What is the discount yield, bond equivalent yield, and effective annual return on a $1 million Treasury bill that currently sells at 97 3/8 percent of its face value and is 65 days from maturity?

May 18 2020 View more View Less

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