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Calculate the effective annual interest rate for the following: 4 a. A 3-month T-bill selling at $97,550 with par value $100,000. (Round your answer to

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Calculate the effective annual interest rate for the following: 4 a. A 3-month T-bill selling at $97,550 with par value $100,000. (Round your answer to 2 decimal places.) Effective annual rate b. A 10% coupon bond selling at par and paying coupons semiannually. (Round your answer to 2 decimal places.) Effective annual rate 1%

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