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1)Imagine you invest in a Treasury Bill in the primary market. Face value is $1,000, interest rate of the Treasury Bill is 2.5%, and the

1)Imagine you invest in a Treasury Bill in the primary market. Face value is $1,000, interest rate of the Treasury Bill is 2.5%, and the maturity date is 90 days. Which is the price of the Treasury Bill? a. 993.79$ b. 2.50% c. 975.61$ d. 987.65$

2)Imagine you invest in a Treasury Bill in the secondary market. Face Value is $1,000, price is $966 (96.6%), and the maturity date is 540 days. Which is the profitability of the Treasury Bill? a. 2.33% b. 966$ c. 1,000$ d. None of them

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