QI: State Bank of Pakistan (SBP) Policy Rate is at 7.00%. The market anticipates SBP to maintain interest rates at current levels for the next 3-6 months, despite an expected higher inflation number for the next 2 months, amid lockdowns and increasing COVID19 cases. In current scenario, suppose you are planning to participate in 3 months upcoming Treasury Bills auction through competitive bidding scheduled on 0206.2021 with settlement date of 03.062021 (maturity date: 26 0 8.2021) and you have Rs. 1,000,000 to invest. You are required to answer/calculate the following: Yield you would like to place in the auction depending upon current market scenario / prevailing interest rates with justification? (Recall class discussion) Price on the basis of yield quoted above with calculation? Re-confirmation of above yield on the basis of price with calculation? Amount invested and Maturity Amount?