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These are 2 different questions. Please answer part B as well, thank you. A Treasury bill that is 255 days from maturity is selling for
These are 2 different questions. Please answer part B as well, thank you.
A Treasury bill that is 255 days from maturity is selling for $95,970. The Treasury bill has a face value of $100,000. a. Calculate the discount yield, bond equivalent yield, and EAR on the Treasury bill. b. Calculate the discount yield, bond equivalent yield, and EAR on the Treasury bill if it matures in 330 days. Complete this question by entering your answers in the tabs below. Calculate the discount yield, bond equivalent yield, and EAR on the Treasury bill. (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 your percentage answers to 3 decimal places. (e.g., 32.161)) A Treasury bill that is 255 days from maturity is selling for $95,970. The Treasury bill has a face value of $100,000. a. Calculate the discount yield, bond equivalent yield, and EAR on the Treasury bill. b. Calculate the discount yield, bond equivalent yield, and EAR on the Treasury bill if it matures in 330 days. Complete this question by entering your answers in the tabs below. Calculate the discount yield, bond equivalent yield, and EAR on the Treasury bill if it matures in 330 days. (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 your percentage answers to 3 decimal places. (e.g., 32.161))Step by Step Solution
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