Treasury bills are short-term government bonds, which pay the lender a fixed amount of cash on the maturity date. Suppose Jen Franklin obtains a T-Bill that will pay her $1,000,000 in exactly 38 days from now. She purchased the T-Bill today for $995,555.55 a) Calculate the simple annual interest rate that Jen will earn if she holds the T-Bill until it matures. b) Calculate the bond equivalent yield that Jen will earn if she holds the T-Bill until it matures. Hint: bond equivalent yield is the same as annual rate, compounded semi- annually