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A Treasury bill is selling at $991,000, has face value of $1,000,000 and 100 days to maturity. This Treasury bill should be quoted at ____________
A Treasury bill is selling at $991,000, has face value of $1,000,000 and 100 days to maturity. This Treasury bill should be quoted at ____________ on a bank discount basis.
Question 4 options:
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A Treasury bill is selling at $991,000, has face value of $1,000,000 and 100 days to maturity. This Treasury bill should be quoted at ____________ on a bank discount basis.
Question 4 options:
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