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1.Suppose that on December 4, 2018 you purchased a 91-day Treasury bill for $995 that is worth $1000 when it matures. The security's investment rate

1.Suppose that on December 4, 2018 you purchased a 91-day Treasury bill for $995 that is worth $1000 when it matures. The security's investment rate if held to maturity is about:

a)4.29%

b)3.11%

c)4.05%

d)6.07%

e)2.02%

2. Suppose that on December 4, 2018 you purchased a 91-day Treasury bill for $995 that is worth $1000 when it matures. The security's discount rate if held to maturity is about :

a) 1.98%

b) 2.93%

c)4.11%

d)5.59%

e)3.96%

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