On April 1, $25,000.00 364-day treasury bills were auctioned off to yield 3.29%. (a) What is the price of each $25,000.00 T-bill on April 1? (b) What is the yield rate on August 1 if the market price is $24,394.61? (c) Calculate the market value of each $25,000.00 T-bill on October 18 if the rate of return on that date is 3.891%. (d) What is the rate of return realized if a $25,000.00 T-bill purchased on April 1 is sold on November 16 at a market rate of 4.125%?

The figure shows a graph that compares the present values of two ordinary annuities of $900 quarterly, one at 5% compounded quarterly and one at 9% compounded quarterly. Dollars 70000 60000 50000 40 000 30.000 20 000 10000 0 20 40 60 80 100 120 140 Quarters @ (a) Determine which graph corresponds to the 5% rate and which corresponds to the 9% rate. The higher graph is the one at 5% and the lower one is the one at 9% O The lower graph is the one at 5% and the higher one is the one at 9% (b) Use the graph to estimate the difference (in dollars) between the present values of these annuities for 25 years (100 quarters) $1078497

Click to see additional instructions Rounded to two decimal places as a percent, the yield on a new-issue one-year T-bill priced at $984.50 is

An investor purchased a 182-day, $100,000.00 T-bill on its issue date for $98,838.39. After holding it for 109 days, she sold the T-bill for a yield of 2.28% (a) What was the original yield of the T-bill? (b) For what price was the T-bill sold? (c) What rate of return (per annum) did the investor realize while holding this T-bill? (a) The original yield of the T-bill was% (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed) (b) The T-bill sold for $ (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed) (e) The investor realized a rate of return of (Round the final answer to two decimal places as needed Round all intermediate values to six decimal places as needed.)