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A 55-day N$100 par T-bill has a discount rate of 6.15 percent. A 145-day N$100 par T-bill has a discount rate of 6.75 percent. 1.

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A 55-day N$100 par T-bill has a discount rate of 6.15 percent. A 145-day N$100 par T-bill has a discount rate of 6.75 percent. 1. What should be the price of a futures contract that expires in 55 days? 2. Calculate the discount rate implied in the futures. a. 1. N$ 98.204 2. 7.1842% b. 1. N$ 0.98204 2. 0.071842% C. 1. N$ 98.204 2.7% d. 1. N$ 0.98204 2. 7.1842%

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