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Refer to Table 55. Assume a face value of $10,000. a. Calculate the ask price of the Treasury bill maturing on February 20, 2020, as of December 27, 2019. b. Calculate the bid price of the Treasury bill maturing on April 30, 2020, as of December 27, 2019. (For all requirements, use 360 days in a year. Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16)) X Answer is complete but not entirely correct. Amount a. $ Treasury bill ask price Treasury bill bid price 9,764.00 X 9,468.70 X b. Bid TABLE 5-5 Treasury Bill Rates Friday, December 27, 2019 Treasury bill bid and ask data are representative over-the-counter quotations as of 3pm Eastern time quoted as a discount to face value. Treasury bill yields are to maturity and based on the asked quote. Maturity Asked Chg Asked Yield 12/31/2019 1.478 1.468 +0.005 1.492 1/2/2020 1.408 1.398 -0.013 1.417 17/2020 1.495 1.485 +0.005 1.510 1/9/2020 1.463 1.453 -0.008 1.477 1/14/2020 1.505 1.495 +0.007 1.521 1/16/2020 1.508 1.498 unch. 1.524 1/21/2020 1.508 1.498 -0.020 1.524 1/23/2020 1.503 1.493 -0.025 1.519 1/28/2020 1.528 1.518 -0.010 1.545 1/30/2020 1.510 1.500 -0.030 1.523 2/4/2020 1.523 1.513 -0.020 1.54 2/6/2020 1.520 1.510 -0.020 1.538 2/11/2020 1.535 1.525 -0.028 1.553 2/13/2020 1.525 1.515 -0.025 1.543 2/18/2020 1.533 1.523 -0.018 1.551 2/20/2020 1.525 1.515 -0.018 1.544 2/25/2020 1.530 1.520 n.a. 1.549 2/27/2020 1.513 1.503 -0.033 1.527 3/5/2020 1.525 1.515 -0.020 1.5445 3/12/2020 1.520 1.510 -0.023 1.540 3/19/2020 1.500 1.490 -0.035 1.520 3/26/2020 1.535 1.525 -0.013 1.556 4/2/2020 1.528 1.518 -0.015 1.5489 4/9/2020 1.535 1.525 -0.008 1.557 4/16/2020 1.515 1.505 -0.023 1.537 4/23/2020 1.523 1.513 -0.015 1.545 4/30/2020 1.518 1.508 -0.013 1.5363 57/2020 1.520 1.510 -0.018 1.544 5/14/2020 1.513 -0.020 1.5465 5/21/2020 1.505 -0.023 . 1.539 5/28/2020 1.533 1.523 -0.008 1.558 G 6/4/2020 1.545 1.535 unch. 1.571 6/11/2020 1.538 1.528 -0.015 1.564 1.523 1.515

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