Question: Saved Help Save & Exit Submit An investor buys a T.bill at a bank discount quote of 4 20 with 150 days to maturity for

 Saved Help Save & Exit Submit An investor buys a T.bill

Saved Help Save & Exit Submit An investor buys a T.bill at a bank discount quote of 4 20 with 150 days to maturity for 9,825.00. The bill has a face value of $10,000, The investor's bond equivalent yield on this investment is

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