A. All Tracks Investments Ltd is buying a 90-day bank bill today. The bill matures in 90 days time. The bill has a face value of $100,000 and the current market yield on this bill is 2.55% pa. What is the price that the company will have to pay to buy the bill today? [Show all steps, workings, and formula(s) clearly. Round final answer to two decimal places, where applicable.]

B. Consider a thirty-year, 7.5% coupon, semi-annual bond. A broker quotes a price of $1050. What is the bonds rate of return? [Show all steps, workings, and formula(s) clearly. Round final answer to two decimal places, where applicable.]