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-_ l A6month $8000 Treasury bill with discount rate 4.375% was sold in 2009. Find a. the price of the T-bill, and b. the '

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-_ l A6month $8000 Treasury bill with discount rate 4.375% was sold in 2009. Find a. the price of the T-bill, and b. the ' 3 actual interest rate paid by the Treasury. W a. The price of the T-bill is $ 7825 . (Round to the nearest dollar as needed.) b. The actuai interest rate paid by the Treasury is [1%. (Type an integer or decimal rounded to the nearest tenth as needed.)

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