Use the format below and compute the invoice price and BEY of the T. Bills given below.

Security		Coupon	Maturity	Discount rate	Discount rate	Price - Bid	Price - Ask	BEY	BEY
Par value $100				(Bid)	(Ask)	(in decimals)	(in decimals)	(Bid)	(Ask)

Treasury Bills

Tuesday, September 03, 2013

Treasury bill bid and ask data are representative over-the-counter quotations as of 3pm Eastern time quoted as a discount to face value. Treasury bill yields are to maturity and based on the asked quote.

Maturity	Bid	Asked	Chg	Asked yield
3/6/2014	0.050	0.040	-0.005	0.041
4/3/2014	0.060	0.055	-0.010	0.056
5/1/2014	0.075	0.065	unch.	0.066
5/29/2014	0.080	0.070	unch.	0.071
7/24/2014	0.110	0.100	0.005	0.101

the question is to figure out the Price for (bid) and the price for (ask) in decimals and to also figure out the BEY for (bid) and the BEY for (ask) with the information given above.