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please show work 10. TLTR Bank is planning to purchase a T-bill with a face value of 5100,000 . The T-bill is quoted at a
please show work
10. TLTR Bank is planning to purchase a T-bill with a face value of 5100,000 . The T-bill is quoted at a bank discount of a. $ and has 320 days to maturity. What is the price of the T.bill? Use 360 days. A. 593,13333 B. 38,666.67 C. 4476490476 D. 32,100 Step by Step Solution
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