If 175 days T-bill have maturity of one year with value of $8000 and face value is $10000 then reported discount yield is

If 175 days T-bill have maturity of one year with value of $8000 and f

1.	If 175 days T-bill have maturity of one year with value of $8000 and face value is $10000 then reported discount yield is
A.	2.50%
B.	1.14%
C.	2.14%
D.	5.14%
Answer» C. 2.14%