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Question 3 (3.333 points) Treasury Bill Listings Wall Street Journal, April 18, 2017 Days to Maturity Maturity Bid Asked Chg. 8-Jun-17 51 0.730 0.720 unch.

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Question 3 (3.333 points) Treasury Bill Listings Wall Street Journal, April 18, 2017 Days to Maturity Maturity Bid Asked Chg. 8-Jun-17 51 0.730 0.720 unch. 17-Aug-17 121 0.793 0.783 (0.010) 12-Oct-17 177 0.905 0.895 (0.028) 7-Dec-17 233 0.928 0.918 (0.023) 29-Mar-18 345 0.988 0.978 (0.020) Asked Yield 0.731 0.795 0.911 0.936 1.000 How much would an investor pay (before any commissions on the trade) to purchase a $10,000 face value T-bill that matures December 7, 2017? How much would an investor pay (before any commissions on the trade) to purchase a $10,000 face value T-bill that matures December 7, 2017? $4,058.50 $9.939.94 $9,280.00 $9,940.59

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