In: Finance
Use the following table to answer questions 1 and 2. |
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Treasury Bills 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. |
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Treasury Bill |
Days to Maturity |
Bid |
Asked |
Chg |
Asked Yield |
A |
120 |
0.200 |
0.190 |
-0.020 |
0.193 |
B |
150 |
1.520 |
1.510 |
-0.002 |
1.545 |
Notes: T-bill A quote is as of April 2020. T-bill B quote is as of November 2019. |
Total cost to purchase: |
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Discount rate: |
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Bond equivalent yield: |
Total cost to purchase: |
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Discount rate: |
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Bond equivalent yield: |
ANSWER IN THE IMAGE((YELLOW HIGHLIGHTED). FEEL FREE TO ASK ANY DOUBTS. THUMBS UP PLEASE.