1. A Treasury bill with 148 days to maturity is traded at the price of $95.63. The face value of the Treasury bill is $100.

   Requirement 1:

   What is the bond's bank discount yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

   Bank Discount Yield %

   Requirement 2:

   What is the bond's bond equivalent yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

   Bond Equivalent Yield %

   Requirement 3:

   What is the effective annual rate of this U.S. Treasury bill? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

   Effective Annual Rate: %