A Treasury bill matures in 120 days and has a bond equivalent yield of 3.74 percent. What is the effective annual rate? 3.82 percent 3.85 percent 3.91 percent 3.79 percent 3.88 percent UT20 pts You want to earn a real rate of return of 3.75 percent at a time when the inflation rate is 2.33 percent. What is the exact nominal rate which you must earn? 5.78 percent 6.28 percent 6.08 percent 6.17 percent