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you are offered a 91-day money market security. The security par value is $985,000. It is quoted at a discount rate of 4.25% on a

you are offered a 91-day money market security. The security par value is $985,000. It is quoted at a discount rate of 4.25% on a 360-day year basis. What is the corresponding bond equivalent yield on this security?

		A. 4.4026%
		B. 4.3558%
		C. 4.2500%
		D. 3.7826%
		E. None of the choices

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