Question 1 part 1

Question 2 part 2

A $100,000, 182-day T-bill is priced at $99,277 on its issue date. What simple interst rate will it yield to the purchaser if held until maturity? Calculate your answer to 2 decimal places, but don't include the % symbol. Consider the price of a 98-day T-bill vs. a 168-day T-bill. If both have the same face value and the interest rate is the same, we can say that: the price of the 98-day T-bill will be higher. the price of both T-bills will be the same. the price of the 168-day T-bill will be higher