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20 Refer to Table 5-5.(LG 5-2) a. Calculate the ask price of the T-bil maturing on 6. Sepeember 30, 2010, as of July 7, 2010

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20 Refer to Table 5-5.(LG 5-2) a. Calculate the ask price of the T-bil maturing on 6. Sepeember 30, 2010, as of July 7, 2010 b Calculate the bid price of the T-bill maturing on October 28. 2010, as of July 7, 2010. TABLE S-5 Treasury Bill Rates Wednesday, July 07,2010 Treasury bill bid and ask data are representative over-the-counter quotations as of 3 P.M. Eastern time quoted as a discount to face valoe. Treasury bill yields are to maturity and are based on the asked quote. Asked yiclds are calculated uing a two-day settlement. Maturity Bid Asked Asked Yleld 2010 Jul 1S 2010 Jul 22 2010 Jul 29 2010 Aug 05 2010 Aug I2 2010 Aug IS9 2010 Aug 26 2010 Sep 02 2010 Sep 09 0.155 0.160 0.168 0.158 0.157 0.158 0160 0.160 0.160 unch 0.168 0.162 2010 Sep l6 0.165 o.155 2010 Sep 23 2010 Sep 30 2010 ct 07 2010 Ckt 14 2010 Oct 2 2010 Ct 24 2010 Nov 04 2010 Nov 12 2010 Nov IS 2010 Nov 26 2010 Dec 02 2010 Dec 09 2010 Dec 16 2010 Dec 23 0 150 0 155 0.00 0.168 0.170 2010 Doc 30 2011 Jan 06 2011 Jan 13 2010 Dow Jones &Compny, IncAll Riges Reserved www.. Coold you he so kina ana nice anq erplain me hou they count days 2 two -dlay scttlement it means Tely 9? 31-9 2Lt 31 + 30 omsper is 84 aags

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