Mathematics, 26.11.2019 03:31 elloemill

A99-month $60006000 treasury bill with discount rate 4.7114.711% was sold in 2009. find a. the price of the t-bill, and b. the actual interest rate paid by the treasury. a. the price of the t-bill is $57885788. (round to the nearest dollar as needed.) b. the actual interest rate paid by the treasury is 211.99211.99

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A99-month $60006000 treasury bill with discount rate 4.7114.711% was sold in 2009. find a. the price...