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Suppose that a money market investor observes quoted rates on the following 180-day money market instruments: (20 points) Quoted Rate Money Market Instrument Quotation Basis

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Suppose that a money market investor observes quoted rates on the following 180-day money market instruments: (20 points) Quoted Rate Money Market Instrument Quotation Basis Number of days in the Year A 4.33% Discount Rate 360 Discount Rate 365 B 4.36% Calculate the bond price for each instrument, with nominal value of 100$. Which instrument offers the investor the highest rate ofreturn if the credit risk is the same

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