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A six-month treasury bill and a nine-month treasury bill both sell at a discount of 9%. a-1. Calculate the annual yield of the six-month Treasury
A six-month treasury bill and a nine-month treasury bill both sell at a discount of 9%.
a-1. Calculate the annual yield of the six-month Treasury bill. (Do no round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
Annual yield ______%
a-2. Calculate the annual yield of the nine-month Treasury bill. (Do no round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
Annual yield ______%
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