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1. Find the price of a 6-month (180-day) U.S. T-bill with a par value of $100,000 and a bank discount yield of 9.18%. (Do not
1. Find the price of a 6-month (180-day) U.S. T-bill with a par value of $100,000 and a bank discount yield of 9.18%. (Do not round intermediate calculations. Omit $ sign in your response.)
Price $
2.The bond equivalent yield of a 91-day T-bill is 5%. What is the price of the bill for a $10,000 face value? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit $ sign in your response.)
Price of the bill $
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