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Visit FRED (https://fred.stlouisfed.org/) to obtain the yields on the 4-week, 3-month and 6-month US T-bills for April 13, 2017. 4-Week Treasury Bill: Secondary Market Rate

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Visit FRED (https://fred.stlouisfed.org/) to obtain the yields on the 4-week, 3-month and 6-month US T-bills for April 13, 2017. 4-Week Treasury Bill: Secondary Market Rate (Daily, Not seasonally Adjusted, Series ID: DTB4WK, location: Money, Banking, & Finance > Interest Rates > Treasury Bills) 3-Month Treasury Bill: Secondary Market Rate (Daily, Not seasonally Adjusted, Series ID: DTB3, location: Money, Banking, & Finance > Interest Rates Treasury Bills) 6-Month Treasury Bill: Secondary Market Rate (Daily, Not seasonally Adjusted, Series ID: DTB6, location: Money, Banking, & Finance > Interest Rates > Treasury Bills) Answer the following: (a) Of the three T-bills you obtained, which had the highest yield? Which had the lowest? (b) Assuming a $100,000 face value, compute the prices of the 4-week, 3-month, and 6-month T-bills implied by the yields that you found

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