What is the discount yield and bond equivalent yield

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Reference no: EM131977719

What is the discount yield, bond equivalent yield, and effective annual return on a $1 million T-bill that currently sells at 95 3/8 percent of its face value and is 65 days from maturity? (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.161)) -Discount Yield? -Bond equivalent yield -EAR.

Reference no: EM131977719

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