Refer to Table $5-5.$

Assume a face value of $$10,000.$

a$.$ Calculate the ask price of the Treasury bill maturing on $19$ March $2020,$ as of December $27,2019.$

b$.$ Calculate the bid price of the Treasury bill maturing on $09$ January $2020,$ as of December $27,2019.$

$($For all requirements, use $360$ days in a year. Do not round intermediate calculations. Round your answers to $2$ decimal places. $($e$.$g$.,32\mathrm{.}16))$

$\backslash$table$[[,,$Amount$],[$a$.,$Treasury bill ask price,A$....................................],[$b$.,$Treasury bill bid price,$]]$

TABLE $5-5$ Treasury Bill Rates

Friday, December $27,2019$

Treasury bill bid and ask data are represuitative over$-$the$-$counter quotations as of $3pm$ Bastern time quoted as a discount to fhee value. Treasury bill yields are to maturity and based on the skled quate.

$\backslash$table$[[$Naturity$,$Bid,Asked,Chy$,$Asked Yield$],[\frac{1231}{2019},1\mathrm{.}478,1\mathrm{.}468,+0\mathrm{.}005,1\mathrm{.}492],[\frac{1}{2}\frac{?}{2020},1\mathrm{.}408,1\mathrm{.}398,-0\mathrm{.}013,1\mathrm{.}417],[\frac{1}{7}\frac{?}{2020},1\mathrm{.}495,1\mathrm{.}485,+0\mathrm{.}005,1\mathrm{.}510],[\frac{1}{9}\frac{?}{2020},1\mathrm{.}463,1\mathrm{.}453,-0\mathrm{.}008,1\mathrm{.}477],[\frac{1}{14}\frac{?}{2020},1\mathrm{.}505,1\mathrm{.}495,+0\mathrm{.}007,1\mathrm{.}521],[\frac{1}{16}\frac{?}{2020},1\mathrm{.}508,1\mathrm{.}498,$unch.,$1\mathrm{.}524],[\frac{1}{21}\frac{?}{2020},1\mathrm{.}508,1\mathrm{.}498,-0\mathrm{.}020,1\mathrm{.}524],[\frac{1}{23}\frac{?}{2020},1\mathrm{.}503,1\mathrm{.}493,-0\mathrm{.}025,1\mathrm{.}519],[\frac{1}{28}\frac{?}{2020},1\mathrm{.}528,1\mathrm{.}518,-0\mathrm{.}010,1\mathrm{.}545],[\frac{1}{30}\frac{?}{2020},1\mathrm{.}510,1\mathrm{.}500,-0\mathrm{.}030,1\mathrm{.}523],[2/4/2020,1\mathrm{.}523,1\mathrm{.}513,-0\mathrm{.}020,1\mathrm{.}54],[\frac{2}{62020},1\mathrm{.}520,1\mathrm{.}510,-0\mathrm{.}020,1\mathrm{.}538],[\frac{2}{11}\frac{?}{2020},1\mathrm{.}535,1\mathrm{.}525,-0\mathrm{.}028,1\mathrm{.}553],[\frac{2}{13}\frac{?}{2020},1\mathrm{.}525,1\mathrm{.}515,-0\mathrm{.}025,1\mathrm{.}543],[\frac{2}{18}\frac{?}{2020},1\mathrm{.}533,1\mathrm{.}523,-0\mathrm{.}018,1\mathrm{.}551],[\frac{2}{20}\frac{?}{2020},1\mathrm{.}525,1\mathrm{.}515,-0\mathrm{.}018,1\mathrm{.}544],[\frac{2}{25}\frac{?}{2020},1\mathrm{.}530,1\mathrm{.}520,$n$.$a$.,1\mathrm{.}549],[\frac{2}{27}\frac{?}{2020},1\mathrm{.}513,1\mathrm{.}503,-0\mathrm{.}033,1\mathrm{.}527],[3/5/2020,1\mathrm{.}525,1\mathrm{.}515,-0\mathrm{.}020,1\mathrm{.}5445],[3/12/2020,1\mathrm{.}520,1\mathrm{.}510,-0\mathrm{.}023,1\mathrm{.}540],[3/19/2020,1\mathrm{.}500,1\mathrm{.}490,-0\mathrm{.}035,1\mathrm{.}520],[3/26/2020,1\mathrm{.}535,1\mathrm{.}525,-0\mathrm{.}013,1\mathrm{.}556],[\frac{4}{2}\frac{?}{2020},1\mathrm{.}528,1\mathrm{.}518,-0\mathrm{.}015,1\mathrm{.}5489],[4/9/2020,1\mathrm{.}535,1\mathrm{.}525,-0\mathrm{.}008,1\mathrm{.}557],[\frac{4}{16}\frac{?}{2020},1\mathrm{.}515,1\mathrm{.}505,-0\mathrm{.}023,1\mathrm{.}537],[\frac{4}{23}\frac{?}{2020},1\mathrm{.}523,1\mathrm{.}513,-0\mathrm{.}015,1\mathrm{.}545],[\frac{4}{30}\frac{?}{2020},1\mathrm{.}518,1\mathrm{.}508,-0\mathrm{.}013,1\mathrm{.}5363],[\frac{5}{7}\frac{?}{2020},1\mathrm{.}520,1\mathrm{.}510,-0\mathrm{.}018,1\mathrm{.}544],[\frac{5}{14}\frac{?}{2020},1\mathrm{.}523,1\mathrm{.}513,-0\mathrm{.}020,1\mathrm{.}5465],[\frac{5}{21}\frac{?}{2020},1\mathrm{.}515,1\mathrm{.}505,-0\mathrm{.}023,1\mathrm{.}539],[\frac{5}{28}\frac{?}{2020},1\mathrm{.}533,1\mathrm{.}523,-0\mathrm{.}008,1\mathrm{.}558],[\frac{6}{4}\frac{?}{2020},1\mathrm{.}545,1\mathrm{.}535,$unch.,$1\mathrm{.}571],[\frac{6}{11}\frac{?}{2020},1\mathrm{.}538,1\mathrm{.}528,-0\mathrm{.}015,1\mathrm{.}564]]$