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11. 0/2 points I Previous Answers WaneFM6 2.1.023. Compute the specified quantity. At auction, 8-month T-bills were sold at a discount of 7.405%. what was

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11. 0/2 points I Previous Answers WaneFM6 2.1.023. Compute the specified quantity. At auction, 8-month T-bills were sold at a discount of 7.405%. what was the simple annual yield r? HINT [See Example 5,] (Round your answer to three decimal places.) r 27.265 Need Help?Read It Talk to a Tutor D Show My Work (optional)

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