Question: Calculate the bond equivalent yield and effective annual return on fed funds that are 3 days from maturity and have a quoted yield of 0.25
Calculate the bond equivalent yield and effective annual return on fed funds that are 3 days from maturity and have a quoted yield of 0.25 percent. (Do not round intermediate calculations. Round your answers to 4 decimal places. (e.g., 32.1678))
| Rate | |
| BEY | % |
| EAR | % |
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