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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 3-month Treasury bills totaling $15 billion were sold in $10,000 denominations at a discount rate of 4.050%. In addition, the Treasury Department sold 6-month bills totaling $13 billion at a discount rate of 3.995%.
a. What is the discount amount for a $10,0003-month bill?
Note: Do not round intermediate calculations. Round your final answer to the nearest cent.
Discouni amount for 3-month bils
b. What is the discoum amount for a $10,0006-month bill?
Note: Do not round intermediate calculations. Round your final answer to the nearest cent.
Distount amount for 6-month bils
$
19975
c. What is the effective rate for a $10,0003-month bill?
Note: Do not round intermediate calculations. Round your final answer to the nearest hundredth percent.
Efective rila for 3-month bils
%
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