If you sold this bill 46 days later at a yield of 0.86%:

• What is your profit or loss?
• What is your return over the period?
• What is your annualised return?

How much profit or loss would you make if you sold the bond on 27 June 2020 at a yield to maturity of 0.68%? What is your return? What is your annualised return?

How much profit or loss would you make if you sold this bond on 7 December 2020 at a yield to maturity of 1.27%? What is your return? What is your annualised return?

What price would you pay for a 90 days bank bill with $1m face value trading at a yield of 0.76%?

What price would you pay for a 127 days bank bill with $2,475,869.00 face value trading at a yield of 0.27%?

Explain the risks faced by debt investors.