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A Treasury bill has a bid yield of 1.97% and an ask yield of 1.93%. The bill matures in 126 days. Assume a face value
A Treasury bill has a bid yield of 1.97% and an ask yield of 1.93%. The bill matures in 126 days. Assume a face value of $1,000. What is the dollar spread for this bill? (Do not round intermediate calculations. Round your answer to 3 decimal places. Omit the "$" sign in your response.)
| Dollar spread | $ |
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