Question: The table below presents the quotations on a US Treasury bill with a face value of $10,000. Maturity Days to maturity BID (%) ASKED (%)

The table below presents the quotations on a US Treasury bill with a face value of $10,000.

Maturity

Days to maturity

BID (%)

ASKED (%)

CHG(%)

ASKED YIELD (%)

October 12/2020

152

0.81

0.5

-0.02

?

Expected annualized yield for a buyer is?

(hint: use the asked discount rate). Answers must be entered with 2 decimal places and no dollar signs, e.g. 6 as 6.00; 32.346 as 32.35.

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