2. If a company issues 183-day commercial paper with an annual yield of 1.27% and U.S. Treasury Bills yield .52% for the same period, then the price of the Companys commercial paper as a percentage of its face amount should be closest to: (do the whole work out please)

3. Imagine a security that pays a fixed annual coupon in three installments during the year. If such a security had a 6.5% coupon, its effective annualized yield would be closest to: (do the whole work out please)