Suppose a $10,000 Treasury Bill with 85 days left until maturity has a selling price of $9933.89. What is the compounded effective annual rate?
A) 2.39%
B) 2.89%
C) 3.39%
D) 3.89%

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The Answer of Suppose a $10,000 Treasury Bill with 85 days left until maturity has a selling price of $9933.89. What is the compounded effective annual rate?
A) 2.39%
B) 2.89%
C) 3.39%
D) 3.89%

Suppose a $10,000 Treasury Bill with 85 Days Left Until