An investor purchased a $100,000, 364-day T-bill at a yield of 2.14% p.a.Answer the following questions, and choose the closest answer from the possible choices following each question:

Evaluate the statement: The price of a T-bill can be greater than or equal to the maturity value of the T-bill. (Answer Yes or No)

If the investor paid $99,637.81 for the T-bill, how many days before maturity did the investor buy it?

What was the original annual interest rate or yield of the T-bill on its issue date if the T-bill price was $98,800.10?(Express in percentage with four decimal places i.e., .0001%)

An investor purchased a $100,000, 364-day T-bill at a yield of 2.14% p.a. Answer the following questions, and choose the closest answer from the possible choices following each question: Evaluate the statement: The price of a T-bill can be greater than or equal to the maturity value of the T-bill. (Answer Yes or No) Choose. If the investor paid $99,637.81 for the T-bill, how many days before maturity did the investor buy it? Choose. What was the original annual interest rate or yield of the T-bill on its issue date if the T-bill price was Choose. $98,800.10? (Express in percentage with four decimal places i.e., .0001%) Next page Final Formula Sheet . Jump to