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A T-bill with face value $10,000 and 94 days to maturity is seiling at a bank discount ask yield of 4.1%. Required: a. What is

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A T-bill with face value $10,000 and 94 days to maturity is seiling at a bank discount ask yield of 4.1%. Required: a. What is the price of the bili? (Use 360 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places.) b. What is its bond equivalent yield? (Use 365 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places.) Required: Find the after-tax return to a corporation that buys a share of preferred stock at $57, selis it at year-end at $57, and receives a $8 yearend dividend. The firm is in the 21% tax bracket. (Round your answer to 2 decimal places.)

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