On March 2,a Treasury bill expiring on April 20 had a bid discount of 5.86,and an ask discount of 5.80.What is the best estimate of the risk-free rate as given in the text?
A)5.86 %
B)5.83 %
C)6.11 %
D)6.14 %
E)none of the above

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The Answer of On March 2,a Treasury bill expiring on April 20 had a bid discount of 5.86,and an ask discount of 5.80.What is the best estimate of the risk-free rate as given in the text?
A)5.86 %
B)5.83 %
C)6.11 %
D)6.14 %
E)none of the above

On March 2,a Treasury Bill Expiring on April 20 Had