T-Bill Yields 2009. 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 Tresury bills auctioned on March 9, 2009, listed here. Treasury bill, face valuePrice at saleDiscount3-Month T-Bill$10,000.00$9,993.93$6.076-Month T-Bill$10,000.00$9,976.57$23.43 The simple yield for the 3-month Treasury bills is%. (Round to four decimal places.)The simple yield for the 6-month Treasury bills is%. (Round to four decimal places.)The annualized yield for the 3-month Treasury bills is %. (Round to four decimal places.)The annualized yield for the 6-month Treasury bills is%. (Round to four decimal places.)

Simple yield is the yield without compounding and is based on 12 months and 360 days in the the…

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Treasury bill, face value Price at sale Discount ופיו $10,000.00 $9,993.93 $6.07 $10,000.00 $9,976.57 $23.43

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

T-Bill Yields 2009. 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 Tresury bills auctioned on March 9, 2009, listed here.

Treasury bill, face value
Price at sale
Discount
3-Month T-Bill
$10,000.00
$9,993.93
$6.07
6-Month T-Bill
$10,000.00
$9,976.57
$23.43

The simple yield for the 3-month Treasury bills is%. (Round to four decimal places.)
The simple yield for the 6-month Treasury bills is%. (Round to four decimal places.)
The annualized yield for the 3-month Treasury bills is %. (Round to four decimal places.)
The annualized yield for the 6-month Treasury bills is%. (Round to four decimal places.)

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