1. A U.S. Treasury bill is an example of a simple loan, coupon bond, fixed-payment loan, or discount bond?
2. The estimated current purchasing price of a discount bond with a face value of ?$2000 and a yield to maturity of 11% is____ ?
3. What is the approximate yield to maturity on a discount bond that matures one year from today with a maturity value of $11000, and the price today is ?$9383.67?