Question: a t-bill maturing in 71 days with a face value of 1,000,000 is currently selling for 998,183.6. What is the T-bills bond equivalent yield? Assume

a t-bill maturing in 71 days with a face value of 1,000,000 is currently selling for 998,183.6. What is the T-bills bond equivalent yield? Assume a 365 day year.

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