The Given Treasury Bill Was Sold in April of This $\$ 12,000 \mathrm{~T}$

Multiple Choice

The given Treasury bill was sold in April of this year. Find (i) the price of the T-bill, and (ii) the actual interest rate paid by the Treasury. Round dollar amounts to the nearest cent and interest rates to the nearest thousandth.
-Six-month $\$ 12,000 \mathrm{~T}$ -bill with discount rate $0.110 \%$

A) (i) $\$ 12,006.60$ ;
B) (i) $\$ 11,999.34$ ;
(ii) About $0.11 \%$
(ii) About $0.011 \%$
C) (i) $\$ 11,993.40$ ;
D) (i) $\$ 11,992.08$ ;
(ii) About $0.11 \%$
(ii) About $0.132 \%$