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A Treasury bill that is 2 7 0 days from maturity is selling for $ 9 6 , 0 0 0 . The Treasury bill

A Treasury bill that is 270 days from maturity is selling for $96,000. The Treasury bill has a face value of $100,000.
a. Calculate the discount yield, bond equivalent yield, and EAR on the Treasury bill.
b. Calculate the discount yield, bond equivalent yield, and EAR on the Treasury bill if it matures in 345 days.
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Calculate the discount yield, bond equivalent yield, and EAR on the Treasury bill if it matures in 345 days. (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 percentage answers to 3 decimal places. (e.g.,32.161))
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