Case (Group) Study Questions: 7 T-Bill Yield: 7 Assume an investor purchased a six-month T-Bill with a $10,000 par value for $9,000 and sold it 90 days later for $9,100. Solve the equation and what is the yield? 7 T-Bill Discount: 7 Newly issued three-month T-Bills with a par value of $10,000 sold for $9,700. Solve the equation and compute the T-Bill discount. 2 Commercial Paper Yield: Assume an investor purchased a six-month CP with a face value of $1 million for $940,000. Solve the equation and compute the yield