can someone do this pls
i put view an example as well
On April 1, $100,000.00364-day treasury bills were auctioned off to yield 1.52%. (a) What is the price of each $100,000.00 T-bill on April 1 ? (b) What is the yield rate on July 17 if the market price is $98,542.91 ? (c) Calculate the market value of each $100,000.00 T-bill on September 9 if the rate of return on that date is 2.225%. (d) What is the rate of retum realized if a $100,000.00 T-bill purchased on April 1 is sold on November 18 at a market rate of 2.606% ? (a) The price is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (a) The selling price of the T-bill can be found by using the selling price as the present value and the face value as the maturity value. The term is the number of days remaining until the maturity date. Use the formula P=1+rtS. The term, t, is the length of the interest period in years. Treasury bills do not have grace days, so the term is 364 days. The value of t is the length of time in years, or 365364. Substitute the values for S,r, and t into the formula and calculate the present value or price, rounding to the nearest cent. P=1+(0.025)(365364)100,000.00=$97,567.50 Therefore, the price is $97,567.50. (b) On July 3, if the market price is $97,558.97, the investment will grow to $100,000.00 in 271 days. To compute the rate of return, use the future value formula shown below. S=P(1+rt) Substitute the values for S,P, and t into the formula and solve for r, rounding to four decimal places. S=P(1+rt) 100,000.001.025021r=97,558.97(1+365271r)=1+365271r=0.0337 Divide both sides by 97,558,97, rounding to six decimal places. Therefore, the yield rate on July 3 of each T-Bill is 3.37%. (c) The number of days to maturity is 202 days. Use the formula P=1+rtS to calculate the market value of each $100,000.00 T-bill on September 10 . The value of t is the length of time in years, or 365202, Substitute the values for S,f, and t into the formula and calculate the present value or price, rounding to the nearest cent. P=1+(0.0315)(365202)100,000.00=$98,286.58 Therefore, the market value is $98,286.58. (d) The number of days to maturity is 114 days. On April 1, $100,000.00364-day treasury bills were auctioned off to yield 2.50%. (a) What is the price of each $100,000.00 T-bill on April 1 ? (b) What is the yield rate on July 3 if the market price is $97,558.97? (c) Calculate the market value of each $100,000.00 T-bill on September 10 if the rate of return on that date is 3.15%. (d) What is the rate of return realized if a $100,000.00 T-bill purchased on April 1 is sold on December 7 at a market rate of 3.48% ? (d) The number of days to maturity is 114 days. Use the formula P=1+rtS to calculate the market value of each $100,000.00T-bill on December 7 . The value of t is the length of time in years, or 365114. Substitute the values for S,r, and t into the formula and calculate the present value or price, rounding to the nearest cent. P=1+(0.0348)(365114)100,000.00=$98,924.78 The investment grew from $97,567.50 to $98,924.78 in 250 days. To compute the rate of return, use the future value formula shown below. S=P(1+rt) Substitute the values for S,P, and t into the formula and solve for r, rounding to foukdecimal places. S98,924.78r=P(1+rt)=97.567.50(1+365250r)=0.0203 Therefore, the rate of return realized is 2.03%
