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9. A commercial paper's annualized discount rate is 4.85%. Its face value is $18,000,000, and it matures in 72 days. What would its price be?

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9. A commercial paper's annualized discount rate is 4.85%. Its face value is $18,000,000, and it matures in 72 days. What would its price be? What would its price be if it matures in 125 days? 10. The annualized yield is 4.5% for a 91-day T-bill and 5% for a 182 day T-bill. What is the expected rate for 91 T-bill from now

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