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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 3.11%.
(a) What is the price of each $25,000.00 T-bill on April 1?
(b) What is the yield rate on August 6 if the market price is $24,328.01?
(c) Calculate the market value of each $25,000.00 T-bill on October 22 if the rate of return on that date is 4.012%.
(d) What is the rate of return realized if a $25,000.00 T-bill purchased on April 1 is sold on November 9 at a market rate of 3.676%?
(a) The price is $24247.95.
(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.)
(c) The market value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
(d) The rate of return realized 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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