If a six-month Treasury bill is purchased for $0.9675 on a dollar (i.e., $96,750 for a $100,000 bill), what is the discount yield, the annual rate of interest, the compound rate?
What are the yields if the price falls to $0.94 on a dollar?
a. Discount Yield =
b. Annual Rate =
c. Annual Compound Rate =
d. Discount Yield @ 0.94 =
e. Annual Yield @ 0.94 =
f. Compound @ 0.94 =