1a) A U.S. treasury bill with a $1 million face value, with 72 days until maturity is quoted at a discount yield of 1.23%? Blank 1. Fill in the blank, read surrounding text. What is the price in three days? Blank 2. Fill in the blank, read surrounding text. 1b) A Bankers Acceptance is an example of what type of an investment?

1c) What is the Bond Equivalent yield for number 2, above, with 72 days remaining?