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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