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2 - Homework Saved Help Save & EX 6 A T-bill with face value $10,000 and 95 days to maturity is selling at a bank

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2 - Homework Saved Help Save & EX 6 A T-bill with face value $10,000 and 95 days to maturity is selling at a bank discount ask yield of 4.2%. a. What is the price of the bill? (Use 360 days a year. Do not round intermediate calculations, Round your answer to 2 decimal places.) 1 ants Price of the bill eBook Print References b. What is its bond equivalent yield? (Use 365 days a year. Do not round Intermediate calculations. Round your answer to 2 decimal places.) Bond equivalent yield %

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