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A treasury bill has 45 days to maturity and has the following quotes today bid: 1.28 ask: 1.22 If you would like to buy this
A treasury bill has 45 days to maturity and has the following quotes today bid: 1.28 ask: 1.22
If you would like to buy this T-bill, how much do you pay for a share if the future value is $10,000? Round your answer to two decimal places, for example, $1234.56 otherwise you may not get the credit.
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