ASSIGNMENT Treasury Bill - Assignment 2 Activity 2. Let us apply the formula we have above to problems given in this activity. 1. You can purchase a T-bill that is 95 days from maturity for $9,965. The T-bill has a face value of $10,000. a. Calculate the T-bill's quoted yield. b. Calculate the T-bill's bond equivalent yield. c. Calculate the T-bill's EAR. 2. Calculate the bond equivalent yield and effective annual return on a jumbo CD that is 115 days from maturity and has a quoted nominal yield of 6.56 percent. 3. You can buy commercial paper of a major U.S. corporation for $495,000. The paper has a face value of $500,000 and is 45 days from maturity. Calculate the discount yield and bond equivalent yield on the commercial paper