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Please use EXCEL to solve it and show the equation, THANKS The discount rates on I- bills are as follows : Assume $1 par value

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Please use EXCEL to solve it and show the equation, THANKS

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The discount rates on I- bills are as follows : Assume $1 par value . Show your answers along with the formula and steps you used Use information in Table below . for each question . A. Calculate the no - arbitrage 90- day T- bill futures price ( not the delivery price ) with A ) Ans :" settlement in 30 days . ( 1 point ) B. Using the answer to part A , calculate the discount rate for the no - arbitrage 90 - day I - bill futures with settlement in 30 days . ( 2 point ) B ) Ans :` C . Calculate the bond equivalent yield for the no - arbitrage 90 - d 10- day T- bill futures with settlement in 120 days . ( 2 point ) C ) Ans :` Maturity Discount rate (d ) 30 5. 40% 120 5. 30% 210 5. 20%

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