Question: What is the discount yield, bond equivalent yield, and effective annual return on a $1 million Treasury bill that currently sells at 97.375 percent of

 What is the discount yield, bond equivalent yield, and effective annualreturn on a $1 million Treasury bill that currently sells at 97.375

What is the discount yield, bond equivalent yield, and effective annual return on a $1 million Treasury bill that currently sells at 97.375 percent of its face value and is 75 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 percentage answers to 3 decimal places. (e.g., 32.161)) % Discount yield Bond equivalent yield Effective annual return % % Calculate the bond equivalent yield and effective annual return on a negotiable CD that is 130 days from maturity and has a quoted nominal yield of 6.80 percent. (Use 365 days in a year. Do not round intermediate calculations. Round your percentage answers to 3 decimal places. (e.g., 32.161)) Bond equivalent yield % Effective annual return %

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