An Investor Buys A T Bill At A Bank Discount Quote Of 3 26 With 180 Days To Maturity 2459279

An investor buys a T-bill at a bank discount quote of 3.26 with 180 days to maturity. The investor’s actual annual rate of return (bond equivalent yield) on this investment is _____.

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
Looking for a Similar Assignment? Our Experts can help. Use the coupon code SAVE30 to get your first order at 30% off!