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If you sold this bill (from question 4) 46 days later at a yield of 0.86% (What price would you pay for a 3.25 face

If you sold this bill (from question 4) 46 days later at a yield of 0.86%

(What price would you pay for a 3.25 face value bank bill which has 47 days to maturity that is trading at yield 1.10%)

What is your profit or loss

what is your return over the period

what is your annualised return.

Compared with long term return from cash, was this a good return explain why

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