Face Value Commercial Paper & Purchase Price - Accounting Assignment Help

Assignment Task

Task

8. A 60-day, $90,000 face value commercial paper was issued when yields were 2.09%. What was its purchase price? 
9. A Government of Canada V39065 issue 90-day T-bill achieved its highest rate of return on May 24, 2000, with a yield of 
5.74%. It realized its lowest rate of return on February 26, 2010. with a yield of 0.16%. Calculate the purchase price of a $100.000 T-bill on each of these dates. In dollars, how much more yield did an investor realize in 2000 than in 2010? 
10. A Government of Canada V121780 issue 364-day T-bill achieved its highest rate of return on May 17, 2000, with a yield of 6.31%. It realized its lowest rate of return on May 6, 2009, with a yield of 0.42%. Calculate the purchase price of a $55,000 T-bill on each of these dates. In dollars, how much more yield did an investor realize in 2000 than in 2009? 
11. Pawan is the marketing manager for Cyanamid Canada. His company will execute a marketing program half a year from now that requires a $500,000 investment. If his finance department had $485.000 to invest today into a 182-day 
 

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