Hi! The main question is this one.

Q4. What is the BEY from your T Bill investment, as set out in Questions 2 & 3 above?

Multiple Choice

• 2.98%
• 2.54%
• 3.66%
• 1.36%

So, question 2and three are here.

Q2. What is the purchase price of the $550,000 T Bill with 130 days to maturity and a BEY (bond equivalent yield) of 1.75%?

Multiple Choice $ 546,593.15 $ 520,221.15 $ 365,235.15 $ 495,623.15

Q2. What is the purchase price of the $550,000 T Bill with 130 days to maturity and a BEY (bond equivalent yield) of 1.75%?

Multiple Choice

• $ 546,593.15

• $ 520,221.15

• $ 365,235.15

• $ 495,623.15

Number two question is this one! would you please give me step by step and I can follow how to do this ?thanks