Question: What is the bond equivalent yield on a $ 1 million Treasury bill that currently sells at 9 7 3 / 8 percent of its

What is the bond equivalent yield on a $1 million Treasury bill that currently sells at 973/8 percent of its face value and is 65 days from maturity?
Group of answer choices
A)14.356%
B)14.538%
C)15.138%
D)15.298%

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