what is the bond equivalent yield?

pleteu s8 Tal. It aoes not indicate completion. to Problem 9-24 Treasury Bills (LO1, CFA2) A Treasury bill that settles on May 18, 2016, pays $100,000 on August 21, 2016. Assuming a discount rate of 5.41 percent, what are the price and bond equivalent yield? Use Excel to answer this question. (Round your price answer to 2 decimal places. Enter your yield answer as a percent rounded to 3 decimal places.) Answer is complete but not entirely correct. 98,665.55 nt yield acBook Pro