The quotes of on-the-run Treasurys bills on October 19, 2020 is shown below. Assume a par value of $100.

You bought a T-bill on 10/19/2020. Answer the questions below:

1. What is your discount yield on a 35-day T-bill?
2. What is your bond-equivalent yield on this 35-day T-bill?
3. What is your effective annual return (EAR) on this 35-day T-bill?
4. Assume that you want to sell your T-bills which mature on 12/10/2020. Answer the questions below:
5. What is your discount yield?
6. What is your bond-equivalent yield on your T-bills?
7. What is your effective annual return?

Pages File Edit Tue 4:46 PM Q := "If you thin are, 125% Zoom Insert Format Arrange View Share Window Help 82% 2 Test 2 Problem Questions (1) + 1 Add Page Insert Table Chart Text Shape Media Comment Home World US Politics Economy Business Tech Marlets Opinion Life & Arts Real Estate WSi Magazine Seard a TOTSUS View Collaborate Format Style Image If you If you Cute Cores View AlCom can't U.S. Treasury Quotes Monday, October 1.2020 "If yo For o Succe + Image Styles Border Treasury Notes & Bonds Treasury Bills Treasuryl blandes dels arresteenleirerette-counter quolines of 3m lemtiequaledesetis.cuni lo fece ele Tessuty bill yiek ere la marcy and based on heated tule MATURITY BD ASKED --- ASKEDVELD 10/22/2020 0075 0.065 -0.003 0.066 10/27/2020 0083 0078 -0003 0079 10/29/2020 0085 0.075 0602 0.074 11/3/2020 0.005 DOS -0.007 0.076 11/5/2020 0082 D078 003 0.079 11/10/2020 0085 0079 000 0.074 11/12/2020 0.083 0.078 002 0.079 11/17/2020 0092 0.000 -0.005 D.COL 11/19/2020 0093 0.083 000 0.084 11/24/2020 0.092 0.080 0.081 11/27/2020 0092 0.080 -0010 DCBI 12/1/2020 0082 0078 0010 12/3/2020 0093 0.085 0.686 12/8/2020 0.09 0.005 -0.005 0.08 12/10/2020 0093 D083 -0001 0084 12/15/2020 0095 0.065 0003 0.006 12/27/2020 0.093 12/24/2020 0100 D.090 0.091 Shadow AL 0179 Reflection Opacity Pages File Edit Tue 4:46 PM Q := "If you thin are, 125% Zoom Insert Format Arrange View Share Window Help 82% 2 Test 2 Problem Questions (1) + 1 Add Page Insert Table Chart Text Shape Media Comment Home World US Politics Economy Business Tech Marlets Opinion Life & Arts Real Estate WSi Magazine Seard a TOTSUS View Collaborate Format Style Image If you If you Cute Cores View AlCom can't U.S. Treasury Quotes Monday, October 1.2020 "If yo For o Succe + Image Styles Border Treasury Notes & Bonds Treasury Bills Treasuryl blandes dels arresteenleirerette-counter quolines of 3m lemtiequaledesetis.cuni lo fece ele Tessuty bill yiek ere la marcy and based on heated tule MATURITY BD ASKED --- ASKEDVELD 10/22/2020 0075 0.065 -0.003 0.066 10/27/2020 0083 0078 -0003 0079 10/29/2020 0085 0.075 0602 0.074 11/3/2020 0.005 DOS -0.007 0.076 11/5/2020 0082 D078 003 0.079 11/10/2020 0085 0079 000 0.074 11/12/2020 0.083 0.078 002 0.079 11/17/2020 0092 0.000 -0.005 D.COL 11/19/2020 0093 0.083 000 0.084 11/24/2020 0.092 0.080 0.081 11/27/2020 0092 0.080 -0010 DCBI 12/1/2020 0082 0078 0010 12/3/2020 0093 0.085 0.686 12/8/2020 0.09 0.005 -0.005 0.08 12/10/2020 0093 D083 -0001 0084 12/15/2020 0095 0.065 0003 0.006 12/27/2020 0.093 12/24/2020 0100 D.090 0.091 Shadow AL 0179 Reflection Opacity