Question: please do it in 10 minutes will upvote A2 Part (a) When the current rate of discount on treasury bills is 3.25%, perform the following

please do it in 10 minutes will upvote
A2 Part (a) When the current rate of discount on treasury bills is 3.25%, perform the following calculations: i. Calculate the price of a newly issued 7 month treasury bill for 135,000. [2 marks] ii. Assuming that all else remains constant, what will be its price 3 months after its issue? [1 mark] iii. If the rate of discount fell by 0.15%, what would be the price of a newly issued 5 month treasury bill for 650,000? [2 marks] When the current rate of discount on treasury bills is 2.50%, perform the following calculations: iv. Calculate the price of a newly issued 5 month treasury bill for 175,000. [2 marks] 20215 Page 2 of 9 V. If market interest rates fell by 0.75 percentage points, what would be the price of a newly issued 8 month treasury bill for 170,000? [2 marks] vi. Calculate the discount rate on a treasury bill with a redemption value of 160,000 in 5 months, purchased at 158,500. [2 marks] Part (b)
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