Question: Please answer these questions correctly On April 1, $10,000.00 364-day treasury bills were auctioned off to yield 2.95%. (a) What is the price of each

Please answer these questions correctly

Please answer these questions correctly On April 1, $10,000.00 364-day treasury bills

On April 1, $10,000.00 364-day treasury bills were auctioned off to yield 2.95%. (a) What is the price of each $10,000.00 T-bill on April 1? (b) What is the yield rate on August 22 if the market price is $9,800.09? (c) Calculate the market value of each $10,000.00 T-bill on October 5 if the rate of return on that date is 3.207%. (d) What is the rate of return realized if a $10,000.00 T-bill purchased on April 1 is sold on December 2 at a market rate of 3.606%

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