T-bill price*

Maturity (days)

T-Bill 1

$95.00

100

T-Bill 3

500

on $100 par value, What price for T-Bill 3 will yield the same discount rate as for T-Bill 1

2)

		T-bill price*	Maturity (days)
T-Bill 1		$97.25	120
T-Bill 2		$95.75	150
T-Bill 3		$98.75	120
On $100 par value, calculate discount rate for t-Bill 3