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Posted on Aug 12, 2024

A dealer is quoting a $10,000 face 90-day T-bill quoted at 2.75 bid, 2.65 ask. You could buy this bill at ______________ or sell it

A dealer is quoting a $10,000 face 90-day T-bill quoted at 2.75 bid, 2.65 ask. You could buy this bill at or sell it at _.

Multiple Choice

$9,869.23; $9,864.36.

$9,864.36; $9,869.23.

$9,867.50; $9,862.50.

$9,933.75; $9,931.25.

None of these choices are correct.

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