A 163-day Treasury bill is quoted as having a 4.46% bond equivalent yield. What is the T-bill's

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A 163-day Treasury bill is quoted as having a 4.46% bond equivalent yield. What is the T-bill's effective annual yield? Submit your answer as a percentage rounded to two decimal places (Ex. 0.00%).

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Cornerstones of Financial and Managerial Accounting

ISBN: 978-1111879044

2nd edition

Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen

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Posted Date: May 04, 2023 02:46 AM

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A 163-day Treasury bill is quoted as having a 4.46% bond equivalent yield. What is the T-bill's

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The annualized yield that is mentioned twice a year is cal... View the full answer

Cornerstones of Financial and Managerial Accounting

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