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Basic Question 3 of 10

A bond equivalent yield is a money market rate stated on a ______ rate basis.

A. 360-day discount
B. 360-day add-on
C. 365-day add-on

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Craig Baugh

Learning Outcome Statements

calculate and interpret yield measures for money market instruments

CFA® 2024 Level I Curriculum, Volume 4, Module 8.