CO2 Coals commercial paper is currently selling at 98.267 percent of maturity value; it matures in 42 days.

a. What annualized yield is it offering to investors? (Use 365 days in a year. Do not round intermediate calculations. Round the final answer to 2 decimal places.)

Annualized yield %

b. What annual effective yield [with compounding affects] is it offering to investors? (Use 365 days in a year. Do not round intermediate calculations. Round the final answer to 2 decimal places.)

Annual effective yield %