Assume the Time from Acceptance to Maturity on a $2,000,000

Assume the time from acceptance to maturity on a $2,000,000 banker's acceptance is 180 days.Further assume that the importing bank's acceptance commission is 1.25 percent and that the market rate for 180-day B/As is 5.0 percent.The bond equivalent yield that the bank earns in holding the B/A to maturity is

A) 13.08 percent.
B) 6.54 percent.
C) 4.06 percent.
D) none of the options