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Assume that 3 month Treasury bills totaling $11 billion were sold in $10,000 denominations at a discount rate of 3.250%. In addition, the Treasury Department

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Assume that 3 month Treasury bills totaling $11 billion were sold in $10,000 denominations at a discount rate of 3.250%. In addition, the Treasury Department sold 6- month bills totaling $9 billion at a discount rate of 3.195%. a. What is the discount amount for 3-month bills? (Do not round intermediate calculations. Round your final answer to the nearest cent.) Discount amount for 3-month bills b. What is the discount amount for 6-month bills? (Do not round intermediate calculations. Round your final answer to the nearest cent.) Discount on for thonin tills c. What is the effective rate for 3 month bills? (Do not round intermediate calculations. Round your final answer to the nearest hundredth percent.) Effective tuto for 3 month bills % d. What is the effective rate for 6-month bills? (Do not round Intermediate calculations. Round your final answer to the nearest hundredth percent.) Enter for 6 months

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