please hurry up !!! as soon as possible as i am in exam

As treasury manager of your London branch, you anticipate that you will have surplus funds of 2.5 million within a day, and you find it best to invest it in treasury bills until a more profitable use turns up in due course. Accordingly, on 3 June, you contact the broker in the secondary market and ask for a quotation. The broker quotes the two way price of three month treasury bills, with seven weeks to run to maturity, as:

You find the discount rate suitable and confirm the purchase.

(i) Calculate the cost of purchase.

(ii) Calculate the yield, should you hold them till maturity. 4M:

(b):A month later, you find more remunerative use of the funds and, therefore, decide to sell these treasury bills. The brokers now quote.

(i) Calculate the discount for the buyer.

(ii) Calculate the yield to the buyer.

(iii) Calculate the sale proceeds for your branch.

(iv) Calculate the yield to your branch.