The most recently issued 4 week T-Bill is quoted at a discount of 1.91.a. What is the price of this

The most recently issued 4 week T-Bill is quoted at a discount of 1.91.a. What is the price of this

The most recently issued 4 week T-Bill is quoted at a discount of 1.91.

a. What is the price of this

T-Bill?

b. What is the bond-equivalent yield?

Assume 4 weeks is 30 days, and the par value is $10,000. Express your answers rounded to two decimal places.

Question 3 2 pts The most recently issued 4 week T-Bill is quoted at a discount of 1.91. a. What is the price of this T-Bill? :lb. What is the bond-equivalent yield? E Assume 4weeks is 30 days, and the par value is $10,000. Express your answers rounded to two- M M d‘ 0decimal places. fl