Question 13 of 14 A bank offers interest rates of 1.40% p.a. for 60-day GICs and 1.75% p.a. for 120-day GICS. Leonie was considering the following two investment options at this bank: Option A: Invest an amount in a 120-day GIC. Option B: Invest an amount in a 60-day GIC then invest the maturity amount in a second 60-day GIC. What interest rate should be offered on the 60-day GIC, 60 days from now, for Leonie to earn the same amount of money from either option? What interest rate should be offered on the 60-day GIC, 60 days from now, for Leonie to earn the same amount of money from either option? 0.00 % Round to two decimal places