Question: & Problem 8-1 (algorithmic) Question Help * U.S. Treasury Bill Auction Rates March 2009. The interest yiolds on U.S Treasury securities in early 2009 fell
& Problem 8-1 (algorithmic) Question Help * U.S. Treasury Bill Auction Rates March 2009. The interest yiolds on U.S Treasury securities in early 2009 fell to very low levels as a result of the combined events surrounding the global financial crisis. Calculate the simple and annualized yields for the 3-month and 6-month Tresury ills auctioned on March 9, 2009, listed here 3-month T-Bll 6-month T-Bill Treasury bill ace value 10,000.00 $ 9,993 83 $ 6.17 10,000.00 9,976.86 S 23 14 Price at sale Discount The simple yield for the 3-month Treasury bills is 10617% (Round to four decimal places ) The simple yield for the 6-month Treasury bills is 2319% (Round to four decimal places) The annualzed yield for the 3-month Treasury bills is 2468% (Round to four decimal places ) The ann aked yield for the 6-month Treasury bills is % (Round to four decimal places ) Enter your answer in the answer box and then click Check Answer Activate Window Check Ans e All parts showing Clear All
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