Assume today is 9/15/18

View the 1/03/19 T-bill quote in Table 14.1. Identify, or, if necessary, calculate, the:

a) Bankers Discount Yield, r_d

b) Coupon Equivalent Yield, r_c

Table 14.1 Eurodollar Deposits Latest 52 Week Wk Ago High offer Bid Low month 150 days 3.1 3 3.11 3.69 1.4 4 6 Table 14.2 U.S. Treasury Bills Asked yield 2.05 52 Week Chg Maturity Bid Asked High 2.19 Low 0.55 8 1.85 0.01 1/3/19 1.87 10 Today is 9/15/18 Table 14.1 Eurodollar Deposits Latest 52 Week Wk Ago High offer Bid Low month 150 days 3.1 3 3.11 3.69 1.4 4 6 Table 14.2 U.S. Treasury Bills Asked yield 2.05 52 Week Chg Maturity Bid Asked High 2.19 Low 0.55 8 1.85 0.01 1/3/19 1.87 10 Today is 9/15/18