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If the overnight fed funds rate is quoted as 225 percent what is the bond equivalent rate Calculate the bond equivalent rate on fed funds if the quoted rate is 375 percent

If the overnight fed funds rate is quoted as 2.25 percent, what is the bond equivalent rate? Calculate the bond equivalent rate on fed funds if the quoted rate is 3.75 percent. (LG 5-2)

Apr 26 2020 View more View Less

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