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A government securities dealer quotes a 3 - month Treasury Bill at 5 . 0 0 Bid - 4 . 9 0 Ask. A customer

A government securities dealer quotes a 3-month Treasury Bill at 5.00 Bid -4.90 Ask. A customer who wishes to buy 1 Treasury Bill
will pay:
A
a dollar price quoted to a 4.90 basis
a dollar price quoted to a 5.00 basis
$4,900
$5,000
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