U.S. T-bill auction rates The interest yields on U.S. Treasury securities in early 2009 fell to very low levels as a result of the combined events surrounding the global financial crisis. Calculate the simple and annualized yields for the 3-month and 6-month Treasury bills auctioned on March 9, 2009 listed in the attached template.

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Answer:

3 month T bill Discount =6.07 Price of bill=10000 Simple yield =6.07 ×100/10000=0.0607% Simple YEILD =0.0607% Annual YEILD...

Explanation: