Please show all work and explain. Answere are given.

On May $15,2020$ you find a T$-$Bill that matures on August $21,2020$ that is quoted at $4\mathrm{.}03\%.$ How

much in implicit interest would you receive on $$10$ million in par value? What is the BEY on the T$-$

Bill? What is the EAR on the T$-$Bill? $$109,705\mathrm{.}56$; $4\mathrm{.}13\%$; $4\mathrm{.}19\%$

$2.$ On February $20,2022$ you sell a Jumbo CD maturing on March $21,$ at a quoted rate of $4\mathrm{.}75\%.$ What

price do you get for $$100$ million in par value? How much implied interest is there on the Jumbo CD$?$

$$99,618,819\mathrm{.}66$; $$381,180\mathrm{.}34$

$3.$ On February $20,2022$ you sell Commercial Paper maturing on March $21,$ at a quoted rate of $4\mathrm{.}75\%.$

What price do you get for $$100$ million in par value? How much implied interest is there on the

Commercial Paper? What is the BEY on the Commercial Paper? What is the EAR on the Commercial

Paper? $$99,617,361\mathrm{.}11$; $$382,638\mathrm{.}89$; $4\mathrm{.}83\%$; $4\mathrm{.}94\%$