A dealer is quoting a 180-day T-bill with a face value of $10,000 that is quoted at 3.75 bid, 3.60 ask.For investors, this bill can be bought at ____ or can be sold at ____.

____

A)$9,802,50; $9,787.50

B)$9,820.00; $9,812.50

C)$9,864.36; $9,859.23

D)$9,879.23; $9,864.36

.Given a flat yield curve, the liquidity premium theory argues that the market is predicting

____

A)A mild rise in short-term interest rates in the near future, and a mild decline further out in the future

B)Constant short-term interest rates in the near future and further out in the future

C)A mild decline in short-term interest rates in the near future, and a continuing mild decline further out in the future

D)Constant short-term interest rates in the near future, and a mild decline further out in the future