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Assume that 3 - month Treasury bills totaling $ 1 5 billion were sold in $ 1 0 , 0 0 0 denominations at a
Assume that month Treasury bills totaling $ billion were sold in
$ denominations at a discount rate of In addition, the
Treasury Department sold month bills totaling $ billion at a discount
rate of
a What is the discount amount for month bills? Do not round
intermediate calculations. Round your final answer to the nearest
cent.
b What is the discount amount for month bills? Do not round
intermediate calculations. Round your final answer to the nearest
cent.
c What is the effective rate for month bills? Do not round
intermediate calculations. Round your final answer to the nearest
hundredth percent.
d What is the effective rate for month bills? Do not round
intermediate calculations. Round your final answer to the nearest
hundredth percent.
Discount amount for month bills
Discount amount for month bills
Effective rate for month bills
Effective rate for month bills
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