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Please show all work and formulas. Assume a US Government Treasury bill has 122 days until it matures, and there are 365 days in the

Please show all work and formulas. image text in transcribed
Assume a US Government Treasury bill has 122 days until it matures, and there are 365 days in the year. Assume a par value of $1,000.00. The bid bank discount rate is 4.95% and the asked bank discount rate is 4.93%. a. What is the current price of the bill? b. Using the above information, what is the effective annual yield? c. There is a treasury bond with a par value equal to S1000.00. The bond has 1 years remaining to expiration and pays coupon payments every six months at an annual rate of 8%, which is the same as the prevailing interest rate on similar bonds. Which one offers the most attractive yield for you

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