1-What is the discount yield, bond equivalent yield, and
effective annual return on a $1 million T-bill that currently sells
at 96.375 percent of its face value and is 65 days from maturity?
(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 answers to 3 decimal
places. (e.g., 32.161))
Discount yield...%
Bond equivalent yield...%
Effective annual return...%
2-What is the discount yield,...