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On April 1, $25,000.00 364-day treasury bills were auctioned off to...

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Accounting

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On April 1, $25,000.00 364-day treasury bills were auctioned off to yield 3 29% (a) What is the price of each $25,000.00 T-bill on April 1? (b) What is the yield rate on August 10 if the market price is $24.418.732 (c) Calculate the market value of each $25,000.00 T bill on September 22 if the rate of return on that date is 3.923% (d) What is the rate of return realized if a $25,000.00 T-bill purchased on April 1 is sold on December 9 at a market rate of 4.002%? (a) The price is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed)

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