A Treasury bill has 50 days left to maturity. The bank discount yield on the bill is 3.25 percent. What is the effective annual rate? Select one: . a 3.36 percent b.3.77 percent . . 3.11 percent . d. 3.88 percent 0.3.99 percent 11 BEY 365 x 3.25% - 3.31% 360 -50 x 3,25% (365/50) EART ( + 0.331008022 365/50 (7.3) Eart 6.331008022 )