Question: 5 What is the discount yield, bond equivalent yield, and effective annual return on a $1 million Treasury bill that currently sells at 98.375 percent

5 What is the discount yield, bond equivalent yield, and effective annual return on a $1 million Treasury bill that currently sells at 98.375 percent of its face value and is 65 days from maturity (Use 360 days for discount yield and 365 days in a year for bond equivalent yleld and effective annual return. Do not round intermediate calculations. Round your percentage answers to 3 decimal places. (e.9., 32.1611) Discount yield Bond equivalent yield Effective annual retum 90001 92801% 96401 OON

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