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8 If a $10,000 par T-bill has a 3.50% discount yield quote and a 90 day maturity, what is the price of the T-bill? $9,912.50

If a $10,000 par T-bill has a 3.50% discount yield quote and a 90 day maturity, what is the price of the T-bill? $9,912.50 $10,000.00 $9,913.70 $350.00 52.412.50

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