A Treasury bill matures in 68 days and has a bond equivalent yield of 4.05%. What is the effective annual rate?
A)4.12%
B)4.14%
C)4.15%
D)4.17%
E)4.18%

Name: A Treasury bill matures in 68 days and has a bond equivalent yield of 4.05%. What is the effective annual rate? A)4.12% B)4.14% C)4.15% D)4.17% E)4.18%
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The Answer of A Treasury bill matures in 68 days and has a bond equivalent yield of 4.05%. What is the effective annual rate?
A)4.12%
B)4.14%
C)4.15%
D)4.17%
E)4.18%

A Treasury Bill Matures in 68 Days and Has a Bond