Question
Days to maturity Bid (%) Asked (%) Asked Yield (%) 30 1.15% 1% 45 1.25% 1.15% ? What is the price you would pay for
| Days to maturity | Bid (%) | Asked (%) | Asked Yield (%) |
| 30 | 1.15% | 1% |
|
| 45 | 1.25% | 1.15% | ? |
What is the price you would pay for the above $10,000 par-value Treasury security that matures in 30 days?
$9,991.67
$10,000
$9,990.42
$9,989.58
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
14th Edition
0357516664, 978-0357516669
