If a 10000 par t-bill has a 275 discount quote and a 180, Financial Management

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If a 10000 par t-bill has a 275 discount quote and a 180

1. If a $10,000 par T-Bill has a 2.75% discount quote and a 180 day maturity, what is the price of the T-Bill to the nearest dollar?

2. Stocks XX, YY, and ZZ, initially priced at $35, $65, and $72, respectively, comprise a price-weighted index with a base value of 100. One year later the stocks above were valued at $40, $69, and $87, respectively. What was the value of the index at the end of year one?

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Financial Management: If a 10000 par t-bill has a 275 discount quote and a 180

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