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A Treasury bill, with face value of $10,000, has a bid discount yield of 3.20%. It has 34 days to maturity. What is the price
A Treasury bill, with face value of $10,000, has a bid discount yield of 3.20%. It has 34 days to maturity. What is the price to sell this T-Bill to the broker quoting the bid?
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Business Finance
Authors: Eddie McLaney
11th Edition
1292134402, 9781292134406
