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Please show work whenever possible. 1. How much would you pay on February 12, 2019, for a U.S. Treasury bill maturing on October 29, 2019?
Please show work whenever possible. 1. How much would you pay on February 12, 2019, for a U.S. Treasury bill maturing on October 29, 2019? Assume a face value of $1,000,000, with market bid and ask quotes of 2.76% and 2.74%, respectively.
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