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A Treasury bill has a face value of $65,000, an asked yield of 3.05 percent, and matures in 60 days. What is the price of

A Treasury bill has a face value of $65,000, an asked yield of 3.05 percent, and matures in 60 days. What is the price of this bill?

1. $64,675.74

2. $64,777.60

3. $64,819.80

4. $64,868.00

5. $64,878.42

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