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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 107 days from maturity for $14,870. The Treasury bill has a face value of $15,000.
Round your answers to 3 decimal places. (e.g.,32.161)
a. Calculate the Treasury bill's quoted yield.
Quoted Yield:
Note: Use 360 days in a year. Do not round intermediate calculations.
b. Calculate the Treasury bill's bond equivalent yield.
Bond Equivalent Yield:
%
Note: Use 365 days in a year. Do not round intermediate calculations.
c. Calculate the Treasury bill's EAR.
Effective Annual Return:
%
Note: Use 365 days in a year. Do not round intermediate calculations.
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