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You can purchase a Treasury bill that is 1 0 7 days from maturity for $ 1 4 , 8 7 0 . The Treasury
You can purchase a Treasury bill that is days from maturity for $ The Treasury bill has a face value of $
Round your answers to decimal places. eg
a Calculate the Treasury bill's quoted yield.
Quoted Yield:
Note: Use days in a year. Do not round intermediate calculations.
b Calculate the Treasury bill's bond equivalent yield.
Bond Equivalent Yield:
Note: Use days in a year. Do not round intermediate calculations.
c Calculate the Treasury bill's EAR.
Effective Annual Return:
Note: Use days in a year. Do not round intermediate calculations.
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