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Calculate the bond equivalent rate on fed funds

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Question: 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.

Reference no: EM131632630

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Calculate the bond equivalent rate on fed funds : 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.
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