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the par value of each T-bill is $10,000 MATURITY DAYS TO MAT BID Yield (%) ASKED Yield (%) 14-Jul-2016 54 0.162 0.142 01-Sep-2016 115 0.263
the par value of each T-bill is $10,000 
MATURITY DAYS TO MAT BID Yield (%) ASKED Yield (%) 14-Jul-2016 54 0.162 0.142 01-Sep-2016 115 0.263 0.246 27-Oct-2016 171 0.372 0.357 08-Dec-2016 220 0.343 0.330 27-Apr-2017 353 0.612 0.568 CHG(%) 0.002 0.001 0.001 0.005 0.003 (a) Based on the Bank Discount Method, how much price the investor needs to pay to buy the bill maturing on 08-Dec-2016 from the dealer
the par value of each T-bill is $10,000
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett
7th Edition
0073530751, 9780073530758
