What is the bank discount yield and bond equivalent yield

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A Treasury bill with 85 days to maturity is quoted at 97.630. What is the bank discount yield, the bond equivalent yield, and the effective annual return?

Discount yield %

Bond equivalent yield %

Effective annual return %

Reference no: EM13883451

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What is the bank discount yield and bond equivalent yield : A Treasury bill with 85 days to maturity is quoted at 97.630. What is the bank discount yield, the bond equivalent yield, and the effective annual return?

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