1. Write the differences between the following in a tabular form:
a. T-Bills, T-Notes and T-Bonds
b. General Obligation Bonds and Revenue Bonds
c. Bearer bonds and Registered bonds
d. Term bonds and Serial bonds
2. What is the bid price of a $10,000 face value T-bill with a bid rate of 2.35 percent if there are 50, 100, and 250 days to maturity?