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On April 1 , $ 2 5 , 0 0 0 . 0 0 3 6 4 - day treasury bills were auctioned off to

On April 1, $25,000.00364-day treasury bills were auctioned off to yield 3.29%.
(a) What is the price of each $25,000.00 T-bill on April 1?
(b) What is the yield rate on August 1 if the market price is $24,394.61?
(c) Calculate the market value of each $25,000.00 T-bill on October 18 if the rate of return on that date is 3.891%.
(d) What is the rate of return realized if a $25,000.00 T-bill purchased on April 1 is sold on November 16 at a market rate of 4.125%?
(a) The price is $24205.81.
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
(b) The yield rate is %.
(Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.)
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