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Q: An investor purchases a six-month (182-day) T-bill with a $10,000 face value for $9,745. i) What is the published T-bill rate and its coupon

Q: An investor purchases a six-month (182-day) T-bill with a $10,000 face value for $9,745. i) What is the published T-bill rate and its coupon yield equivalent? (ii) Suppose the investor holds the T-bill for 80 days but then offers to sell it to you. If the expected annualized yield of the T-bill is 6.8%, what would be the price of the T-bill?

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