A $2-$year floating$-$rate note pays six$-$month Libor plus $80$ bps$.$ The floater is priced at $95\mathrm{.}62$ per $100.$

of par value. The current six$-$month Libor is $1\mathrm{.}00\%.$ Assume a $\frac{30}{360}$ day$-$count convention.

The discount margin for the floater in basis points is closest to: A$.311bp.$ B$.236bps.$ C$.420bps.$

A $365-$day year bank certificate of deposit $($which uses add$-$on rate$)$ has an principaf imount of

$95\mathrm{.}6$ and a redemption amount due at maturity of $100.$ The number of days between setulement and

maturity is $340,$

The bond equivalent yield is closest to: A$.3\mathrm{.}48\%.$ B$.3\mathrm{.}65\%$ C$.4\mathrm{.}94\%.$

The bond equivalent yield of a $180-$dry banker's acceptance quoted at a discount rate of $4\mathrm{.}55\%$

for a $360-$day year is closest to: A$.4\mathrm{.}7\%$ B$.4\mathrm{.}5\%$ C$.4\mathrm{.}0\%.$

The following information relates to the nexi two questions.