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Consider a Treasury bill with 90 days to maturity, a face value of $100,000, and selling for $99.000. The price quote on a bank discount
Consider a Treasury bill with 90 days to maturity, a face value of $100,000, and selling for $99.000. The price quote on a bank discount basis is: A. 6.00 % B. 1.00 % OC. 4.00% D. 10.00 %
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