Question: 3. Yield to Maturity (1) a. If Peter borrows $300 from his friend and next year he wants $360 back from him, what is the

3. Yield to Maturity (1) a. If Peter borrows $300 from

3. Yield to Maturity (1) a. If Peter borrows $300 from his friend and next year he wants $360 back from him, what is the yield to maturity on this loan? b. What is the yield to maturity on a one-year $2100 Treasury bill with a current price of $2000? c. What is the present value of a one-year $1150 Treasury bill with a yield to maturity of 15%?4 d. You decide to buy a new laptop and need $1500. You borrow money from your friend and he asks for an interest rate of 10%. What is the yearly payment to your friend if you wish to pay off the money in 2 years

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