Sandra Waterman purchased a 52-week, $1,200 T-bill issued by the U.S. Treasury. The purchase price was $1,199.

(a)	What is the amount of the discount?

Discount amount

$

(b)	What is the amount Ms. Waterman will receive when the T-bill matures?

Amount received

$

(c)	What is the current yield for the 52-week T-bill? (Enter your answer as a percent rounded to 2 decimal places.)

Current yield

%