Question: Suppose you purchase a Treasury bill that is 107 days from maturity for $9,760. The Treasury bill has a face value of $10,000. a. Calculate
Suppose you purchase a Treasury bill that is 107 days from maturity for $9,760. The Treasury bill has a face value of $10,000. a. Calculate the Treasury bills quoted discount yield. b. Calculate the Treasury bills bond equivalent yield. (For all requirements, use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your percentage answers to 3 decimal places. (e.g., 32.161))
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