Question: please show steps. thank you Saved Help Save & Exit Submit Ch4-5HWK 6 Check my work 10 What is the discount yield, bond equivalent yield,
Saved Help Save & Exit Submit Ch4-5HWK 6 Check my work 10 What is the discount yield, bond equivalent yield, and effective annual return on a $1 million T-bill that currently sells at 97.375 percent of its face value and is 70 days from maturity? (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 32,161)) 10 points Discount yield Bond equivalent yield Effective annual return % % eBook % References
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