Question: Problem 9-11 Treasury Bills (LO1, CFA2) A Treasury bill with 121 days to maturity is quoted at 97.250. What are the bank discount yield, the

 Problem 9-11 Treasury Bills (LO1, CFA2) A Treasury bill with 121

Problem 9-11 Treasury Bills (LO1, CFA2) A Treasury bill with 121 days to maturity is quoted at 97.250. What are the bank discount yield, the bond equivalent yield, and the effective annual return? (Do not round intermediate calculations. Enter your answers as a percent rounded to 3 decimal places.) Bank discount yield Bond equivalent yield Effective annual retum

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