Difference betweenn in discount yield and bond equivalent yield

1.	Difference betweenn in discount yield and bond equivalent yield
Answer» Explanation: What is the discount yield, bond equivalent yield, and effective ANNUAL return on a $1 million T-bill that CURRENTLY sells at 96 3/8 percent of its face VALUE and is 55 days from maturity? (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return.)

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Explanation:

What is the discount yield, bond equivalent yield, and effective ANNUAL return on a $1 million T-bill that CURRENTLY sells at 96 3/8 percent of its face VALUE and is 55 days from maturity? (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return.)

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Difference betweenn in discount yield and bond equivalent yield

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