16 II only Question 12 Which one of the following statements is correct concerning a Treasury bill? The asked yield on a Treasury bill is a bond equivalent yield. The bid price on a Treasury bill is computed based on a 365, or 366-day year. The asked discount indicates the amount a bond dealer is willing to pay to purchase a Treasurya The asked discount for a Treasury bill is greater than the bid discount. The asked yield for a Treasury bill is computed based on a 360-day year. Question 13