You can purchase a T-bill that is 66 days from maturity for $18,965. The T-bill...
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You can purchase a T-bill that is 66 days from maturity for $18,965. The T-bill has a face value of $19,000. a. Calculate the T-bills quoted yield. (Use 360 days in a year. Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161))b. Calculate the T-bills bond equivalent yield. (Use 365 days in a year. Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161))c. Calculate the T-bills EAR. (Use 365 days in a year. Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161))
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