Question: ent 2 - Counts for Marks 1 Saved Help Save & Exit Submit Check my work a. A one-year treasury bill with a face value

 ent 2 - Counts for Marks 1 Saved Help Save &

ent 2 - Counts for Marks 1 Saved Help Save & Exit Submit Check my work a. A one-year treasury bill with a face value of $4 million has a nominal interest rate of % if its purchase price is $3,880,000 and a nominal interest rate of % if its purchase price is $3,865,000. Enter your responses rounded to 1 decimal place. b. To raise the nominal interest rate on treasury bills the Bank of Canada can adjust supply in its auction of bills through a(n) ( (Click to select) + ) in how many bills it sells at the auction. c. To raise the nominal interest rate on treasury bills the Bank of Canada can also adjust its own k purchases in the auction of treasury bills through a(n) ( (Click to select) * ) in how many bills it buys at the auction

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