A 182-Day Canadian T-Bill Has a Bond Equivalent Yield of 3.925

question 40

Multiple Choice

A 182-day Canadian T-bill has a bond equivalent yield of 3.925 percent.What is the bank discount yield on a 182-day U.S.T-bill with the same quoted price?

• A) 3.90%
• B) 3.87%
• C) 3.83%
• D) 3.80%

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