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92 Parts I and J: Pure Discount Bond (Treasury Bills) 93 Purchase price 94 Face value 95 Time to maturity (days) 96 Time to

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92 Parts I and J: Pure Discount Bond (Treasury Bills) 93 Purchase price 94 Face value 95 Time to maturity (days) 96 Time to maturity (years) 9,750.00 10,000.00 182 0.49863 97 98 Part I: Pure Discount Bond, Compound Daily Return 99 Daily interest rate 100 YTM-the annualized rate 101 102 Part J: Pure Discount Bond, Calculate the continuously compounded return 03 Continuously compounded 04 05 06

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