Question: Can anyone help with finding the correct answer? It does not take the answers that have been previously posted. Refer to Table 5-5 Assume a

Can anyone help with finding the correct answer? It does not take the answers that have been previously posted.Can anyone help with finding the correct answer? It does not takethe answers that have been previously posted. Refer to Table 5-5 Assume

Refer to Table 5-5 Assume a face value of $10,000. a. Calculate the ask price of the T-bill maturing on September 1, 2016, as of May 16, 2016. b. Calculate the bid price of the T-bill maturing on November 10, 2016, as of May 16, 2016. (For all requirements, use 360 days in a year. Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16)) > Answer is complete but not entirely correct. a. T-bill ask price T-bill bid price $ 9,992.62 X 9,988.88 X b. TABLE 5-5 Treasury Bill Rates Monday, May 16, 2016 Treasury bill bid and ask data are representative over-the-counter quotations as of 3 p.m. Eastern time quoted as a discount to face value. Treasury bill yields are to maturity and based on the asked quote. Asked Bid 0.168 0.173 Chg -0.030 Maturity 5/19/2016 5/26/2016 6/2/2016 0.158 Asked Yield 0.160 0.165 0.163 -0.055 0.203 0.193 -0.038 0.196 6/9/2016 0.195 0.185 -0.038 0.188 0.183 0,028 0.186 0.193 0.203 0.193 -0.010 0.196 0.210 -0.010 0.203 0.208 -0.015 0.201 6/16/2016 6/23/2016 6/30/2016 7/7/2016 7/14/2016 7/21/2016 7/28/2016 8/4/2016 0.215 0.200 0.198 0.205 0.223 0.235 0.209 -0.020 -0.023 0.233 0.226 0.245 -0.008 0.239 0.255 0.245 -0.005 0.249 8/11/2016 0.255 0.245 -0.020 0.249 0.245 -0.018 0.249 0.255 0.265 0.258 0.255 0.005 0.259 0.248 0.252 -0.015 -0.015 0.255 0.245 0.249 0.263 0.253 0.003 0.257 0.278 0.268 -0.018 0.272 S/18/2016 8/25/2016 9/1/2016 9/8/2016 9/15/2016 9/22/2016 9/29/2016 10/6/2016 10/13/2016 10/20/2016 10/27/2016 11/3/2016 11/10/2016 0.280 0.270 -0.013 0.274 0.303 0.293 -0.013 0.297 0.298 -0.005 0.303 0.308 0.323 0.313 0.317 0.320 0.315 0.310 0.328 0.338 0.333 -0.025 -0.025 -0.025 -0.025 -0.005 -0.005 0.345 0.335 0.341 12/8/2016 0.350 0.340 0.346 1/5/2017 0.338 0.328 0.334 2/2/2017 0.428 0.418 0.003 0.426 3/2/2017 0.460 0.450 -0.010 0.458

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