The bond equivalent yield of fed funds that are 60 days from maturity with a 3.60 percent quoted yield is ____________.

The effective annual return of the same fed funds above is ____________.

2.5470%; 2.6215%

3.0417%; 3.0806%

3.6500%; 2.0371%

3.6500%; 3.7061%

3.0417%; 2.5275%