What is the discount yield-bond equivalent yield

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What is the discount yield, bond equivalent yield, and effective annual return on a $1 million Treasury bill that currently sells at 97.375 percent of its face value and is 65 days from maturity?

Reference no: EM13880953

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What is the discount yield-bond equivalent yield : What is the discount yield, bond equivalent yield, and effective annual return on a $1 million Treasury bill that currently sells at 97.375 percent of its face value and is 65 days from maturity?
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