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On April 1, $100,000.00364-day treasury bills were auctioned off to yield 2.50%. (a)...

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Accounting

On April 1, $100,000.00364-day treasury bills were auctioned off to yield 2.50%.
(a) What is the price of each $100,000.00 T-bill on April 1?
(b) What is the yield rate on July 3 if the market price is $97,558.97?
(c) Calculate the market value of each $100,000.00T-bill on September 10 if the rate of return on that date is 3.15%.
(d) What is the rate of return realized if a $100,000.00 T-bill purchased on April 1 is sold on December 7 at a market rate of 3.48%?
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