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2 ) Solve the following problems involving Treasury Bills. The yield rates for Canadian Treasury Bills are a simple interest rate based on a 3

2) Solve the following problems involving Treasury Bills. The "yield" rates for Canadian Treasury Bills are a simple interest rate based on a 365-day year. The "rates" for a US Treasury Bill are stated as a simple rate of discount based on a 360-day year.
a) Jeff buys Canadian Treasury Bills maturing for \(\$ 250,000\) in 105 days with a yield of \(1.25\%\). How much does Jeff pay for this investment.
b) A US Treasury Bill with a 27-week maturity sells at a price of 99.350 per \(\$ 100\) maturity. Find the discount rate on this Treasury Bill.
c) A US Treasury Bill with a 17-week maturity sells at a rate of \(1.15\%\). Find the price per \(\$ 100\) maturity.
d) A Canadian Treasury Bill matures in 39 weeks and at a price of 99.250 per \(\$ 100\) maturity. Find the yield rate on this Treasury Bill.
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