The bond equivalent yield of a 180-day bankers acceptance quoted at a discount rate of 4.25% for

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The bond equivalent yield of a 180-day banker’s acceptance quoted at a discount rate of 4.25% for a 360-day year is closest to:

A. 4.31%.

B. 4.34%.

C. 4.40%.

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Fixed Income Analysis

ISBN: 9781119850540

5th Edition

Authors: Barbara S. Petitt

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Question Posted: Nov 04, 2023 11:10 PM

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Fixed Income Analysis

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