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turity?A. %.B. %.C. %.7. Which of the following is least accurate regarding a bank discount yield?A. It ignores the opportunity to earn pound interest.B. It is based on the face value of the bond, not its purchase price.C. It reflects the nonannualized return an investor will earn over a security’s life.8. A 175day Tbill has an effective annual yield of %. Its moneymarket yield is closest to:A. %.B. %.C. %.1. A Allison Rogers, CFACFA, makes the following statement: “The problems with bank discount yields quoted for Tbills is that they aren’t yields, they ignore pounding, and they are based on a short year.”A. I Is she correct in all regards?B. Which of these problems is/are remedied by using the holding period yield?C. Which of these problems is/are remedied by using a money market yield?D. Which of these problems is/are remedied by using effective annual yields?2. L. Adams buys 1,000 shares of Morris Tool stock for $35 per share. One year later the stock is $38 per share and has paid a dividend of $ per share. Adams reinvests the dividends in additional shares at the time. At the end of the second year, the shares are trading for $37 and have paid $2 dividends over the period.L. Burns buys 500 shares of Morris Tool stock for $35 per share. One year later the stock is $38 per share and has paid a dividend of $ per share. Burns reinvests the dividends in additional shares at that time and also buys 500 additional shares. At the end of the second year, the shares are trading for $37 and have paid $2 in dividends over the period.A. C Compare the annual timeweighted returns for the accounts of the two investors (no calculation required).B. C Compare the annual moneyweighted returns for the accounts of the two investors (no calculation required).