INFO

A) BID PRICE = 1.860

ASK PRICE = 1.850

CHG= 0.005

ASK YIELD= 1.877

B)

BID PRICE = 1.860

ASK PRICE = 1.850

CHG= 0.005

ASK YIELD= 1.877

3. Refer to Exhibit 1 that contains quotations of selected Treasury-bills a. Calculate the bid price of the T-bill with a maturity date of 09/27/2018 assuming a face va $1,000. lue of 40 b. Calculate the asked price of the T-bill with a maturity date of 09/27/2018 assuming a face value of $1,000. Using the asked price that you have calculated, verify the number in the Ask Yield column. c. Draw a cash flow timeline of an investment in this T-bill assuming you bought the T-bill on the designated day and held it until maturity. d. 3. Refer to Exhibit 1 that contains quotations of selected Treasury-bills a. Calculate the bid price of the T-bill with a maturity date of 09/27/2018 assuming a face va $1,000. lue of 40 b. Calculate the asked price of the T-bill with a maturity date of 09/27/2018 assuming a face value of $1,000. Using the asked price that you have calculated, verify the number in the Ask Yield column. c. Draw a cash flow timeline of an investment in this T-bill assuming you bought the T-bill on the designated day and held it until maturity. d