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A T-bill quote sheet has 90-day T-bill quotes with a 2.358 bid and a 2.348 ask. If the bill has a $10,000 face value, an
A T-bill quote sheet has 90-day T-bill quotes with a 2.358 bid and a 2.348 ask. If the bill has a $10,000 face value, an investor could buy this bill for ) $9,941.05 b) $9,975.32 )$9,974.78 d) $9,941.30 e) $10,000 Question 13 (0.5 points) Which one of the following is a true statement regarding S&P 500 index? a) It is a price-weighted average of 500 largest U.S. stocks b) It is a value-weighted average of 30 largest U.S. stocks. c) It is a price-weighted average of 30 large stocks. d) It is an equally-weighted average of 30 largest U.S. stocks. e) It is a value-weighted average of 500 largest U.S. stocks
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