Question: In the Global Financial Crisis box in Section 6.2, Bloomberg.com reported that the three-month Treasury bill sold for a price of $100.002556 per $100 face

In the Global Financial Crisis box in Section 6.2, Bloomberg.com reported

In the Global Financial Crisis box in Section 6.2, Bloomberg.com reported that the three-month Treasury bill sold for a price of $100.002556 per $100 face value. What is the yield to maturity of this bond, expressed as an EAR? The three-month yield to maturity is 10223796, (Round to six decimal places.) The annual yield to maturity is .1023%. (Round to six decimal places.)

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