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fast, will upvote On April 1,$10,000.00364-day treasury bills were auctioned off to yield 3.31%. (a) What is the price of each $10,000.00 T-bill on April
fast, will upvote
On April 1,$10,000.00364-day treasury bills were auctioned off to yield 3.31%. (a) What is the price of each $10,000.00 T-bill on April 1 ? (b) What is the yield rate on August 10 if the market price is $9,755.33 ? (c) Calculate the market value of each $10,000.00 T-bill on September 13 if the rate of return on that date is 4.492%. (d) What is the rate of retum realized if a $10,000.00 T-bill purchased on April 1 is sold on December 24 at a market rate of 3.612% ? (a) The price is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (b) The yield rate is \%. (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.) (c) The market value is \$ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (d) The rate of return realized is \%. (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.)
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