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Question 5 What is the price of a U.S. Treasury bill with 90 days to maturity quoted at a discount yield of 2.3 percent? Assume

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Question 5 What is the price of a U.S. Treasury bill with 90 days to maturity quoted at a discount yield of 2.3 percent? Assume a 51 million face value. (Enter your answer in dollars not in millions. Do not round intermediate calculations. Round your answer to 2 decimal places.)

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