Question: QUESTION 1 What is the bond equivalent yield on a $1 million T-bill that currently sells at 92.114 percent of its face value and is

QUESTION 1 What is the bond equivalent yield on a $1

QUESTION 1 What is the bond equivalent yield on a $1 million T-bill that currently sells at 92.114 percent of its face value and is 114 days from maturity? (write your answer in % and round it to 2 decimal places) QUESTION 2 What is the price of a $1 million T-bill that has a discount yield of 6.204% and is 69 days from maturity

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