A T-bill with face value $10,000 and 87 days to maturity is selling at a bank discount ask yield of 3.4%. a. What is the price of the bill? (Use 360 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places.)

The price of bill is $9917.83

Explanation:

The face value of T- bill (F) = $10000

Total number of days to maturity (T) = 87 days

The treasury bill yield = 3.4 Percent.

The price of bill (P):

Since it is mentioned in the question that use 360 days in the year so here we are taking 360 day in the calculation below.

Therefore, the price of bill will be $9917.83

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'

answer; only identify and interpret trends in the marketplace;