A Treasury bill that is 235 days from maturity is selling for $95,930. 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 310 days.

A)

Discount yield ___%

Bond equivalent yield __%

EAR ____%

B)

Discount yield ___%

Bond equivalent yield __%

EAR ____%