A $10,000 face value T-bill with 91 days to maturity and a quoted bank discount rate of 5.15% would be trading at a price of:

a. $9,869.82

b. $9,485.00

c. $10,130.18

d. $9,871.60

From the prior question, based on the quoted bank discount rate of 5.15% what are the bond equivalent yield and equivalent annual yield, respectively:

a. 5.42%, 5.33%

b. 5.290%, 5.396%

c. 5.05%, 5.15%

d. 1.319%, 1.334%