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Please show work and use table I provided below Refer to Table 5-5 a. Calculate the ask price of the T-bill maturing on August 18,

Please show work and use table I provided below

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Refer to Table 5-5 a. Calculate the ask price of the T-bill maturing on August 18, 2016 as of May 16, 2016. b. Calculate the bid price of the T-bill maturing on October 06, 2016, as of May 16, 2016. (For all requirements, use 360 days in a year. Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16)) a. T-bill ask price b. T-bill bid price TABLE 5-5 Treasury Bill Rates Monday, May 16, 2016 Treasury bill bid and ask data are representative over-the-counter quotations as of 3 p.m. Eastern time quoted as a discount to face value. Treasury bill yields are to maturity and based on the asked quote. Bid Asked Clig Asked Yield Maturity 5/19/2016 0.168 0.136 -0.030 0.160 0.173 0.163 -0,055 0.165 5/26/2016 6/2/2016 0.193 -0.038 0.203 0.198 0.196 0.18 0.185 -0.038 6/9/2016 6/16/2016 0.193 0.183 0.025 0.156 6/23/2016 0.203 0.193 0.010 0.196 6/30/2016 0.210 0.200 -0.010 0.203 0.201 M1/2016 0.208 0.198 0.015 7/14/2016 0.215 0.205 -0.020 0.209 7/21/2016 0.233 0.23 -0.023 0 7/21/2016 0.245 0.235 0.000 0.239 SMV2016 0.255 0.715 -0.005 07:19 8/11/2016 0.255 0.245 0.020 0.29 S/18/2016 0.255 0.15 -0.018 0.2.19 S/25/2016 0.265 0.255 0.005 0.250 9/1/2016 0.258 0.218 -0.015 0.95 99/2016 0.233 0.01) 0.240 W15/2016 0.263 0.253 0.003 0.257 0.272 9/22/2016 0.278 0.268 -0.018 0.013 0_250 0.270 0.2/4 W29/2016 10/6/2016 0.303 0.293 -0.013 0.297 10/11/2016 0.00 0.2003 -0.005 0.303 0.323 0.313 0.025 0.317 10/20/2016 10/27/2016 0320 0.310 -0.025 0.315 11/3/2016 0.338 0.325 0.025 0.333 0345 0.335 0.341 11/10/2016 12/8/2016 -0.025 -0.00 0350 0.540 0.346 1/5/2017 0.333 0.325 -0.005 0.334 2/2/2017 0.428 0.418 0.003 0.426 3/2/2017 0.60 0.450 -0.010 0.458 3/30/2017 0.485 0.475 -0.013 0.454 4/27/2017 0523 0.513 -0010 0.522

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