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An investor is interested in selling a T-bill which is quoted with a 3.75% ask yield and a 3.95% bid yield. The bill has 80
An investor is interested in selling a T-bill which is quoted with a 3.75% ask yield and a 3.95% bid yield. The bill has 80 days until maturity. What will be the price that the investor could sell for? (note that Treasury bill has a $10,000 face value and uses bank discount rate method)
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