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34) Meher purchased a $100 000.00. 182-day T-bill on April 4, 2012. a) If the annual rate of return is 4.2%, calculate the purchase price.

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34) Meher purchased a $100 000.00. 182-day T-bill on April 4, 2012. a) If the annual rate of return is 4.2%, calculate the purchase price. b) Calculate the selling price of the bill if it is sold on June 20, 2012 to yield 3.19%. c) Calculate the rate of interest realized

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