Review Exercise 13 Government of Alberta 364-day T-bills with a face value of $1,000,000 were purchased on April 7 for $971,578. The T-bills were sold on May 16 for $983,500. (a) What was the market yield rate on April 72 (b) What was the yield rate on May 16? (c) What was the rate of return realized? (a) The market yield rate on April 7 was % Di (Round to four decimal places as needed.)