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Sandra Waterman purchased a 52- week, $2,600 T-bill issued by the U.S. Treasury. The purchase price was $2,592. (a) What is the amount of the

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Sandra Waterman purchased a 52- week, $2,600 T-bill issued by the U.S. Treasury. The purchase price was $2,592. (a) What is the amount of the discount? Discount amount (b) What is the amount Ms. Waterman will receive when the T-bill matures? Maturity value (c) What is the current yield for the 52- week T-bill at the time of purchase? (Enter your answer as a percent rounded to 2 decimal places.) Current yield %

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