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The following Treasury bill quote is provided as of March 2, 2XX1: Days to maturity Bid Asked Chg Asked Yield 260 4.13 4.09 +0.03 ??
The following Treasury bill quote is provided as of March 2, 2XX1:
Days to maturity | Bid | Asked | Chg | Asked Yield |
260 | 4.13 | 4.09 | +0.03 | ?? |
a. How much would a dealer pay for $100,000 worth of T-bills on March 2, 2XX1? b. How much would an investor pay for $100,000 worth of T-bills on March 2, 2XX1? c. How much would an investor pay for $100,000 worth of T-bills on March 1, 2XX1? d. What is the dealers spread on $100,000 worth of T-bills on March 2, 2XX1? e. What is the Asked yield on this T-bill? f. What is the effective annual yield on the T-Bill?
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