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For the following treasury bill bought in 2007 , find (a) the price of the T-bill, and (b) the actual interest rate paid by the
For the following treasury bill bought in 2007 , find (a) the price of the T-bill, and (b) the actual interest rate paid by the Treasury. Three-month $18,500 T-bill with discount rate of 4.98% (a) The price of the T-bill is $ (Round to the nearest dollar as needed.) Find the present value of the given future amount. $78,845 for 155 days at 5.9% simple interest. Assume 360 days in a year. What is the present value? $ (Round to the nearest dollar as needed.) A 3-month $4000 Treasury bill with discount rate 5.543% was sold in 2009 . Find a. the price of the T-bill, and b. the actual interest rate paid by the Treasury. a. The price of the T-bill is $ (Round to the nearest dollar as needed.)
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