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Please answer both parts!!! Part 1 In the Global Financial Crisis box in Section 6.2, Bloomberg.com reported that the three-month Treasury bill sold for a

Please answer both parts!!!

Part 1

In the Global Financial Crisis box in Section 6.2, Bloomberg.com reported that the three-month Treasury bill sold for a price of $100.002556 per $100 face value. What is the yield to maturity of this bond, expressed as an EAR?

The three-month yield to maturity is

enter your response here%.

(Round to six decimal places.)

Part 2

The yield to maturity of a $1,000 bond with a 7.3% coupon rate, semiannual coupons, and two years to maturity is 7.9% APR, compounded semiannually. What is its price?

The price of the bond is

$enter your response here.

(Round to the nearest cent.)

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