Use the following table to answer questions 1 and 2 Treasury Bills Treasury bill bid and ask data are representative over-the-counter quotations as of 3pm Eastern time quoted as a discount to face value. Treasury bill yields are to maturity and based on the asked quote Treasury Bill Days to Maturity Bid Asked Chg Asked Yield 120 0.200 0.190 -0.0200.193 150 1.520 1.510 -0.002 1.545 Notes: T-bill A quote is as of April 2020. T-bill B quote is as of November 2019. 1. How much would be the total cost for an investor to purchase Treasury bill A with a par value of $1,000,000? What would be the investor's discount rate and the investor's bond equivalent yield? Report your answers in the table. Total cost to purchase: Discount rate: Bond equivalent yield: How much would be the total cost for a dealer to purchase Treasury bill B with a par value of $1,000,000? What would be the dealer's discount rate and the dealer's bond equivalent yield? Report your answers in the table. Total cost to purchase: Discount rate: Bond equivalent yield: Treasury wants to issue $30 billion of 180-day Treasury bills. There are $5 billion of noncompetitive bids and $64 billion of competitive bids. The competitive bids are as follows: $13 billion at 2.75%; $11 billion at 3.50%, $10 billion at 4.00%; $9 billion at 3.25%; $8 billion at 3.00%; S7 billion at 3.75%; and $6 billion at 2.50%. (a) What will be the highest return/rate accepted and paid to all successful bidders? (b) What would be the bond-equivalent vield