Question
A Treasury bill has a face value of $75,000, an asked yield of 3.05%, and matures in 90 days. What is the price of this
A Treasury bill has a face value of $75,000, an asked yield of 3.05%, and matures in 90 days. What is the price of this bill?
Multiple Choice
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$74,439.80
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$74,478.42
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$74,468.00
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$74,428.13
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$74,408.13
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The Theory And Practice Of Investment Management
Authors: Frank J Fabozzi, Harry M Markowitz
2nd Edition
0470929901, 9780470929902
