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Answer both questions please :) A Treasury bill has a bid yield of 2.09 and an ask yield of 2.05. The bill matures in 99

Answer both questions please :)

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A Treasury bill has a bid yield of 2.09 and an ask yield of 2.05. The bill matures in 99 days. Assume a face value of $1,000.

What is the least you could pay to acquire a bill? (Note: You may need to review material from an earlier chapter for the relevant formula.)

Note: Do not round intermediate calculations. Round your answer to 3 decimal places.

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A STRIPS traded on May 1, 2022, matures in 18 years on May 1, 2040. Assuming a yield to maturity of 5.7 percent, what is the STRIPS price?

Note: Use Excel to answer this question. Enter your answer as a percentage of par value. Round your answer to 4 decimal places.

A Treasury bill has a bid yield of 2.09 and an ask yield of 2.05 . The bill matures in 99 days. Assume a face value of $1,000. What is the least you could pay to acquire a bill? (Note: You may need to review material from an earlier chapter for the relevant formula.) Note: Do not round intermediate calculations. Round your answer to 3 decimal places. A STRIPS traded on May 1, 2022, matures in 18 years on May 1, 2040. Assuming a yield to maturity of 5.7 percent, what is the STRIPS price? Note: Use Excel to answer this question. Enter your answer as a percentage of par value. Round your answer to 4 decimal places

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