A T$-$Bill that is $225$ days from maturity is selling for $$98,850.$ The T$.$ Bill has a face$-$value of $$100,000($LG $5-2)$

Calculate the Discount Yield on the T$.$ Bill.

Calculate the Bond Equivalent Yield on the T Bill.

Calculate the EAR $($Equivalent Annual Return$)$ on the T$.$ Bill.

What would the Bond Equivalent Yield be$,$ if all other factors remain the same, but the T$.$ bill has a maturity of $300$ days.

$($Read Example LG $5-2$ first$).$