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Problem 18-17 Treasury Prices (L01, CFA2) A Treasury bill has a bid yleld of 3.58 and an ask yield of 3.52, The bill matures in

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Problem 18-17 Treasury Prices (L01, CFA2) A Treasury bill has a bid yleld of 3.58 and an ask yield of 3.52, The bill matures in 100 days. Assume a face value of $1.000. (Note: You may need to review material from an earlier chapter for the relevant formula.) a. At what price could you sell the Treasury bill? (Do not round intermediate calculations. Round your answer to 3 decimal places.) Answer is complete and correct. Treasury bill price 990.190 b. What is the dollar spread for this bill? (Do not round intermediate calculations. Round your answer to 3 decimal places.) Answer is complete but not entirely correct. Dollar spread 0.170

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