Question
5. As the cash manager of your company, you wish to buy $1,000,000 in 30-day Treasury bills. You obtain the following bid/ask quotes from three
5. As the cash manager of your company, you wish to buy $1,000,000 in 30-day Treasury bills. You obtain the following bid/ask quotes from three dealers:
Bid Ask
Dealer A 3.01 3.00
Dealer B 3.02 3.01
Dealer C 2.99 2.98
Which dealer should be selected?
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Financial Management Principles And Applications
Authors: Arthur J. Keown
9th Edition
013033362X, 9780130333629
