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

question 24

Multiple Choice

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

---

Definitions:

2005 Amendments

Refers to specific changes made to a law, regulation, or other legal documents in the year 2005, which could vary depending on the context in which they are mentioned.

Chapter 14

A specific chapter within a book or legal code, which would depend on the context of the book or code in question.

Family Farmers

Family farmers refer to those individuals or families owning and managing agricultural operations, typically focused on producing food and other agricultural products at a smaller scale compared to corporate farms.

Bankruptcy Code

Federal laws governing the process through which individuals or entities unable to meet their financial obligations can obtain relief from debts.