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A T-bill that is 280 days from maturity is selling for $96,020. The T-bill has a face value of $100,000. a. Calculate the discount yield,

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A T-bill that is 280 days from maturity is selling for $96,020. The T-bill has a face value of $100,000. a. Calculate the discount yield, bond equivalent yield, and EAR on the T-bill b. Calculate the discount yield, bond equivalent yield, and EAR on the T-bill if it matures in 355 days. Complete this question by entering your answers in the tabs below. Required A Required B Calculate the discount yield, bond equivalent yield, and EAR on the T-bill. (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.161)) Discount yield Bond equivalent yield EAR Required >

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