What is the bond equivalent yield on a 120-day Treasury bill that has a bank discount yield of 3.00%?
A)2.97%
B)2.99%
C)3.02%
D)3.04%
E)3.07%

Name: What is the bond equivalent yield on a 120-day Treasury bill that has a bank discount yield of 3.00%? A)2.97% B)2.99% C)3.02% D)3.04% E)3.07%
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The Answer of What is the bond equivalent yield on a 120-day Treasury bill that has a bank discount yield of 3.00%?
A)2.97%
B)2.99%
C)3.02%
D)3.04%
E)3.07%

What Is the Bond Equivalent Yield on a 120-Day Treasury