A Treasury bill that is 295 days from maturity is selling for $96,050. The Treasury...

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Accounting

A Treasury bill that is 295 days from maturity is selling for $96,050. The Treasury bill has a face value of $100,000.
Calculate the discount yield, bond equivalent yield, and EAR on the Treasury bill.
Calculate the discount yield, bond equivalent yield, and EAR on the Treasury bill if it matures in 370 days.

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