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A Treasury bill has a face value of $250,000, an asked yield of 2.02 percent, and matures in 32 days. What is the price of
A Treasury bill has a face value of $250,000, an asked yield of 2.02 percent, and matures in 32 days. What is the price of this bill?
A. | $249,408.08 | |
B. | $249,408.08 | |
C. | $249,511.11 | |
D. | $249,670.22 | |
E. | $249,717.08 |
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