A us treasury bill with 93 days to maturity is quoted at a


A U.S. Treasury bill with 93 days to maturity is quoted at a discount yield of 1.65 percent. What is the bond equivalent yield? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Bond equivalent yield %

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Financial Management: A us treasury bill with 93 days to maturity is quoted at a
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