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An investor purchased a 364-day, $25,000.00 T-bill on its issue date for $24,593.98. After holding it for 54 days, she sold the T-bill for a
An investor purchased a 364-day, $25,000.00 T-bill on its issue date for $24,593.98. After holding it for 54 days, she sold the T-bill for a yield of 1.64%. (a) What was the original yield of the T-bill? (b) For what price was the T-bill sold? (c) What rate of return (per annum) did the investor realize while holding this T-bill? (a) The original yield of the T-bill was [%. (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.) (b) The T-bill sold for $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (c) The investor realized a rate of return of %. (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.) Enter your answer in each of the answer boxes. Show Work Jane was due to make loan payments of $1791 eight months ago, $3023 five month ago, and $513 in six months. Instead, she is to make a single payment today. If money is worth 4.6% and the agreed focal date is today, what is the size of the replacement payment? The replacement payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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