A 46-day Treasury bill has a bond equivalent yield of 5.63 percent. What is the effective annual rate for this bill?
A) 3.93%
B) 3.83%
C) 3.07%
D) 3.86%
E) 3.98%

Name: A 46-day Treasury bill has a bond equivalent yield of 5.63 percent. What is the effective annual rate for this bill? A) 3.93% B) 3.83% C) 3.07% D) 3.86% E) 3.98%
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The Answer of A 46-day Treasury bill has a bond equivalent yield of 5.63 percent. What is the effective annual rate for this bill?
A) 3.93%
B) 3.83%
C) 3.07%
D) 3.86%
E) 3.98%

A 46-Day Treasury Bill Has a Bond Equivalent Yield of 5.63