Refer to Table 5-5 a. Calculate the ask price of the T-bill maturing on September 08, 2016 as of May 16, 2016. b. Calculate the bid price of the T-bill maturing on May 26, 2016, as of May 16, 2016. (For all requirements, use 360 days in a year. Do not round intermediate calculations. Round you answers to 2 decimal places. (e.g., 32.16)) Answer is complete but not entirely correct. a T-bill ask price T-bill bid price b. $ 9,997.50 $ 9.993.84 X Monday, May 16, 2016 Treasury bill bid and ask data are representative over-the-counter quotations as of 3p.m. Eastern time quoted as a discount to face value. Treasury bill yields are to maturity and based on the asked quote. Maturity Bid Asked Che Asked Yield 5/19/2016 0.163 0.158 -0.030 0.160 3720/2016 0.173 0.163 -0,055 0.165 6/2/2016 0.203 0.193 -0.038 0.196 09/2016 0.193 0.185 -0,038 0.158 6/16/2016 0.193 0.183 0.028 0.156 6/23/2016 0203 0.193 -0.010 0.196 6/30/2016 010 0200 -0.010 0.203 777/2016 0.205 0.195 -0.015 0.201 7/14/2016 015 ONS -0.020 0.209 71/2016 0.233 0.223 -0.023 022 7/28/2016 0.245 0.235 -0.005 0.239 2016 0.255 0.245 0005 0.249 8/11/2016 0.255 0.245 -0.020 0.249 0255 0.245 0.018 016 3/25/2016 0.249 0.265 0.255 0.005 0.259 9/1/2016 0255 0.248 0.252 9/8/2016 0255 0.25 -0.015 -0.015 0.002 0.219 9/15/2016 OM 0 0.257 922/2016 0.278 0.261 0.018 9/29/2016 0250 0.270 -0.013 0.274 10/6/2016 0303 0.293 0.01 0.297 10/13/2016 0305 0.295 -0.005 0.303 10/20/2016 0.323 0.313 0.317 -0.025 0.005 10/27/2016 0320 0.310 0.315 11/3/2016 0.338 0.328 -0.025 0.333 11/10/2016 0.345 0.333 -0.025 0.341 12/8/2016 0.350 0.310 -0.005 0.316 0.338 0.328 -0.005 1/5/2017 2/12/2017 0331 0425 0.418 0.003 0.426 3/2/2017 0400 0.450 -0010 0.455 30/2017 0.485 0.475 0.013 0454 4/27/2017 0.523 0.513 0.010 0522