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Refer to Table 55 Assume a face value of $10,000. a. Calculate the ask price of the T-bill maturing on September 1, 2016, as of
Refer to Table 55 Assume a face value of $10,000. a. Calculate the ask price of the T-bill maturing on September 1, 2016, as of May 16, 2016. b. Calculate the bid price of the T-bill maturing on November 10, 2016, as of May 16, 2016. (For all requirements, use 360 days in a year. Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16)) T Bill Ask Price:
T-Bill bid Price:
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