Question: A 90 day CD has a 3% single payment yield. Calculate the Bond equivalent yield PRESENT YOUR ANSWER IN PERCENTAGE ROUNDED TO ZERO DECIMAL PLACES,

A 90 day CD has a 3% single payment yield. Calculate the Bond equivalent yield PRESENT YOUR ANSWER IN PERCENTAGE ROUNDED TO ZERO DECIMAL PLACES, DON'T USE THE PERCENTAGE SYMBOL. EX IF YOUR ANSWER IS 50% JUST WRITE 50

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