Jarrod King, a Private Investor, Purchases a Treasury Bill with a $10,000

Jarrod King, a private investor, purchases a Treasury bill with a $10,000 par value for $9,645. One hundred days later, Jarrod sells the T-bill for $9,719. What is Jarrod's expected annualizedyield from this transaction?

A) 13.43 percent
B) 2.78 percent
C) 10.55 percent
D) 2.80 percent
E) none of the above