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please answer the following question: (all necessary info is in the screenshot) Problem 5-12 (LG 5-2) If the overnight Fed funds rate is quoted as

please answer the following question: (all necessary info is in the screenshot)
Problem 5-12 (LG 5-2) If the overnight Fed funds rate is quoted as 0.75 percent. what is the bond equivalent rate? Calculate the bond equivalent rate on Fed funds ifthe quoted rate is 1.00 percent (Do not round intermediate calculations. Round your answers to 4 decimal places. {e.g.. 32.1616" 0.75 percent

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