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On April 1, $25,000.00 364-day treasury bills were auctioned off to yield 2.86% (a) What is the price of each $25,000.00 T-bill on April 1?

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On April 1, $25,000.00 364-day treasury bills were auctioned off to yield 2.86% (a) What is the price of each $25,000.00 T-bill on April 1? (b) What is the yield rate on July 17 if the market price is $24,434.492 (c) Calculate the market value of each $25,000.00 T-bill on September 16 if the rate of return on that date is 3.695%. (d) What is the rate of return realized if a $25,000.00 T-bill purchased on April 1 is sold on November 14 at a market rate of 3.606%? (a) The price is $. (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 nared On April 1, $25,000.00 364-day treasury bills were auctioned off to yield 2.86% (a) What is the price of each $25,000.00 T-bill on April 1? (b) What is the yield rate on July 17 if the market price is $24,434.492 (c) Calculate the market value of each $25,000.00 T-bill on September 16 if the rate of return on that date is 3.695%. (d) What is the rate of return realized if a $25,000.00 T-bill purchased on April 1 is sold on November 14 at a market rate of 3.606%? (a) The price is $. (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 nared

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