Question
A treasury bill has 54 days to maturity and has the following quotes today bid: 1.30 ask: 1.28 If you would like to sell this
A treasury bill has 54 days to maturity and has the following quotes today bid: 1.30 ask: 1.28
If you would like to sell this T-bill, how much do you get 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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Contemporary Economics An Applications Approach
Authors: Robert Carbaugh
8th Edition
1138652199, 978-1138652194
