A 90-day Treasury bill is quoted as having a price of $987.50.What is its bond equivalent yield?
A)5.00%
B)5.13%
C)5.23%
D)5.62%
E)5.79%

Name: A 90-day Treasury bill is quoted as having a price of $987.50.What is its bond equivalent yield? A)5.00% B)5.13% C)5.23% D)5.62% E)5.79%
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The Answer of A 90-day Treasury bill is quoted as having a price of $987.50.What is its bond equivalent yield?
A)5.00%
B)5.13%
C)5.23%
D)5.62%
E)5.79%

A 90-Day Treasury Bill Is Quoted as Having a Price