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6. Assume a $1,000 Treasury bill is quoted to pay 5 percent interest over a six-month period. a. How much interest would the investor receive?

6. Assume a $1,000 Treasury bill is quoted to pay 5 percent interest over a six-month period. a. How much interest would the investor receive? b. What will be the price of the Treasury bill? c. What will be the effective yield? 7. In problem 6, if the Treasury bill had only three months to maturity, a. How much interest would the investor receive? b. What would be the price of the Treasury bill? c. What would be the effective yield? 6. Assume a $1,000 Treasury bill is quoted to pay 5 percent interest over a six-month period. a. How much interest would the investor receive? b. What will be the price of the Treasury bill? c. What will be the effective yield? 7. In problem 6, if the Treasury bill had only three months to maturity, a. How much interest would the investor receive? b. What would be the price of the Treasury bill? c. What would be the effective yield

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