on Five A T-bill with 91-days to maturity and face value of GHS1,000 was bought at a price of GHS937.50. Calculate the discount yield on the T-bill, the discount amount, and the nterest equivalent yield. [3 marks BK Ltd issued a commercial paper (CP) with 182 days to maturity and a face value of GHS1,000. If the yield to maturity on the CP is 15.14%, how much should be pai For the CP? [2 marks wo bonds (A and B) have the following features Bond Maturity Coupon Rate Price (GH) Yield to Maturity (Years) (YTM) (%) 10 Bond A 10 / 1,352.2 5.359 Bond B 10 5 964.3 5.473 hese two bonds have a GH1,000 face value and an annual coupon frequency. An investor buys these two bonds and holds them until maturity. Compute to annual return rate over the period, supposing that the yield curve becom instantaneously flat at a 5.4% level and remains stable at this level during 10 year [3 Mark What is the interest rate level such that these two bonds provide the same annu return rate? In this case, what is the annual return rate of the two bonds? [2 Mark yield curves, on average, were flat, what would this say about the liquidity premiu the term structure? Would you be more or less willing to accept the pure expectatic eory? Explain. [5 Marl