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Problem 5 - 8 ( LG 5 - 2 ) Refer to Table 5 - 5 . Assume a face value of (
Problem LG
Refer to Table
Assume a face value of $
a Calculate the ask price of the Treasury bill maturing on February, as of December
b Calculate the bid price of the Treasury bill maturing on May, as of December
For all requirements, use days in a year. Do not round intermediate calculations. Round your answers to mathbf decimal places. eg
Answer is complete but not entirely correct.
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