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Can you please answer and show the steps in answering the following question. 1. Ninety days ago, you purchased a 180-day Treasury bill with a

Can you please answer and show the steps in answering the following question. 1. Ninety days ago, you purchased a 180-day Treasury bill with a face value of $100,000. At that time, the yield to maturity on the bill was 6.0% p.a. The current yield to maturity on the bill is 5.0% p.a. The price of the bill today is closest to: a) $97,126 b) $97,594 c) $98,542 d) $98,782

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