What is the discount yield, bond equivalent yield, and effective annual return on a $1 million Treasury bill that curren

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answerhappygod
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What is the discount yield, bond equivalent yield, and effective annual return on a $1 million Treasury bill that curren

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What is the discount yield, bond equivalent yield, and effectiveannual return on a $1 million Treasury bill that currently sells at97.375 percent of its face value and is 60 days frommaturity? (Use 360 days for discount yield and 365days in a year for bond equivalent yield and effective annualreturn. Do not round intermediate calculations. Roundyour percentage answers to 3 decimalplaces. (e.g., 32.161))
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