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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.
Complete this question by entering your answers in the tabs below.
Required A
Calculate the discount yield, bond equivalent yield, and EAR on the Treasury 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 percentage answers to 3 decimal places. (e.g.,32.161))
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