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Assume a US Government Treasury bill has 90 days until it matures, and there are 365 days in the year. Assume a par value of
Assume a US Government Treasury bill has 90 days until it matures, and there are 365 days in the year. Assume a par value of $10,000.00. If the effective annual yield on the T-bill is 1.00%, what is the current price of the T-bill?
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