Suppоse а T-bill hаs 90 dаys tо maturity and an ask discоunt of 5 percent. What is the bond equivalent yield?Submission Instructions:You may choose one of the following options to submit your answers:Type your complete answer directly in the answer field on Blackboard, ORType only the final answer and “see answer on scratch paper” in the provided field, and show your handwritten work to the camera before proceeding to the next question.