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A dealer is quoting a $ 1 0 , 0 0 0 face value, 7 2 - day T - bill quoted at 3 .
A dealer is quoting a $ face value, day Tbill quoted at bid, ask. If
you buy the bond and immediately sell it at the same quotes, how much money would
you gain or lose?
A $ loss
B $ loss
C $ loss
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