1. At the (whatever date) auction, three month Treasury bills were sold at a price of $99.540 per $100. The discount yield on these bills was: (Assume that date was not a leap year, and select nearest answer)
1.854 %
2.110 %
2.163 %
2.224 %
2. At the (whatever date) auction, three month Treasury bills sold at a price of $9,948.88 per $10,000. The actual return (investment yield) on those bills was: (Assume that date was a leap year, and select nearest answer)
1.882%
2.067%
2.349%
3.491%