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

Name: What is the bond equivalent yield on a 120-day Treasury bill that has a bank discount yield of 3.00 percent? A) 2.97 percent B) 2.99 percent C) 3.02 percent D) 3.04 percent E) 3.07 percent
Brand: Quizplus
Rating: 4.9 (40 reviews)

Question

Quizplus · Accepted Answer

11ea6d0e_c3f2_56d1_b3c7_bf6b7b6042bf_TB1223_00

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