The Bid-Ask in Fed Funds is being quoted as 3%3.25% You are the Treasury Officer of a small bank that NEEDS TO BORROW $10 million overnight today How much would you expect to pay back tomorrow? $10,000,833.33($10M+$10M3%/360) $10,000,902.78($10M+$10M3.25%/360) $10,325,000.00($10M+$10M3.25%) $10,300,000.00($10M+$10M3.00%)