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Suppose a Treasury bill quote is 4.03 Ask and 4.05 Bid. What would you have to pay to purchase a $10,000 T-Bill with 82 days
Suppose a Treasury bill quote is 4.03 Ask and 4.05 Bid. What would you have to pay to purchase a $10,000 T-Bill with 82 days remaining until maturity? (Answer to the nearest penny, but do not use $.)
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