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A 305 -day year bark certic ate of deposit has an intial principal amount of 81.6 miloe and a redernption amount due at maturity of

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A 305 -day year bark certic ate of deposit has an intial principal amount of 81.6 miloe and a redernption amount due at maturity of 100 millon The number of days behween setilement and maturty is 260 . The bond equadent yield (NOF) is \%? (Do not put a percent sign in your answer. Do not use the decimal form of percert. Round to two decinal places)

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