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What Is the Bond Equivalent Yield on a 30-Day Treasury

Question 87

Multiple Choice

What is the bond equivalent yield on a 30-day Treasury bill that has a bank discount yield of 2.01 percent?

A) 1.97 percent
B) 1.99 percent
C) 2.02 percent
D) 2.04 percent
E) 2.07 percent

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