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Consider a US Treasury Bill with a face value of $100. It is priced with a discount rate of yield of 5%. This T-BIll will

Consider a US Treasury Bill with a face value of $100. It is priced with a discount rate of yield of 5%. This T-BIll will maturie in and 90 days.

What is the price of the T-Bill?

a. $97.53

b. $97.50

c. $98.89

d. $98.75

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