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Suppose you purchase a Treasury bill that is 115 days from maturity for $9,790. The Treasury bill has a face value of $10,000. a. Calculate

Suppose you purchase a Treasury bill that is 115 days from maturity for $9,790. The Treasury bill has a face value of $10,000. a.Calculate the Treasury bills quoted discount yield. b.Calculate the Treasury bills bond equivalent yield. (For all requirements, use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round yourpercentage answers to 3 decimal places. (e.g., 32.161))

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