Question: A U . S . Treasury bill with 9 0 - day maturity sells at a bank discount yield of 3 % . a .
A US Treasury bill with day maturity sells at a bank discount yield of
a What is the price of the bill? Do not round intermediate calculations. Round your answer to decimal places. Omit $ sign in your response.
Price of the bill $
b What is the day holding period return of the bill? Do not round intermediate calculations. Round your answer to decimal places.
Holding period return of the bill
c What is the bond equivalent yield of the bill? Do not round intermediate calculations. Round your answer to decimal places.
Bond equivalent yield of the bill
d What is the effective annual yield of the bill? Do not round intermediate calculations. Round your answer to decimal places.
Effective annual yield of the bill
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