Consider the following quoted rates on four 180-day money market instruments. Money Market Instrument Quotation Basis Discount Rate Discount Rate Add-On Rate Add-On Rate Assumed Number of Days in the Year 360 365 360 365 Quoted Rate 5.15% 5.30% 5.45% 5.50% Calculate the bond equivalent yield for each instrument. Which instrument offers the investor the highest rate of return if assuming that credit risk is constant across all four