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    Exam 9: Interest Rates
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    A Treasury Bill Matures in 120 Days and Has a Bond
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A Treasury Bill Matures in 120 Days and Has a Bond

Question 99

Question 99

Multiple Choice

A Treasury bill matures in 120 days and has a bond equivalent yield of 3.74%. What is the effective annual rate?


A) 3.79%
B) 3.82%
C) 3.85%
D) 3.88%
E) 3.91%

Correct Answer:

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