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In late September 2016, the US Treasury issued three T-Bills, and they had issued a one-year T-Bill on September 15, 2016: 4-Week 13-Week 26-Week 52-Week

In late September 2016, the US Treasury issued three T-Bills, and they had issued a one-year T-Bill on September 15, 2016:

4-Week

13-Week

26-Week

52-Week

Issue Date

9/29/2016

9/29/2016

9/29/2016

9/15/2016

Maturity Date

10/27/2016

12/29/2016

3/30/2017

9/14/2017

Face Value per $100

100

100

100

100

Price per $100

99.987556

99.936806

99.787667

99.363000

What is the Bank Discount Rate (rounded to 4 decimals) for the 52-week security?

Using the DISC formula, do you get the same answer as the Bank Discount Rate?

What is the Bond Equivalent Yield for the 26-week security?

Using the YieldDisc function, do you get the same answer as the Bond Equivalent Yield?

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