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The given Treasury bill was sold in April of this year Find () the price of the T-bill, and (ii) the actual interest rate paid
The given Treasury bill was sold in April of this year Find () the price of the T-bill, and (ii) the actual interest rate paid by the Treasury Round dollar amounts to the nearest cent and interest rates to the nearest thousandth Three-month $3,000 T-bill with discount rate 0 120% O A. The price of the T-bill is about $2.998 92, and the actual interest rate is about 0.144% OB. The price of the T-bill is about $3,000 90, and the actual interest rate is about 0.120% C. The price of the T-bill is about $2,99910, and the actual interest rate is about 0 120% D. The price of the T-bill is about $2.999 91 and the actual interest rate is about 0.012%
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