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Assume a face value of $10,000 a. Calculate the ask price of the Treasury bill maturing on 09 April, 2020, as of December 27, 2019.

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Assume a face value of $10,000 a. Calculate the ask price of the Treasury bill maturing on 09 April, 2020, as of December 27, 2019. b. Calculate the bid price of the Treasury bill maturing on 23 January, 2020, as of December 27, 2019. (For all requirements, use 360 days in a year, Do not round intermediate calculations. Round your answers to 2 decimal places. (e.9.32.16)) TABLE 5-5 Treasury Bill Rates Friday, December 27, 2019 Treasury bill bid and ask data are representative over-the-counter quotations as of 3 pm Fasteri time quoted as a discount to fice value. Treasury bill yields are to maturity and bused on the asked quote

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