Question
Use the information in the following table: A face value of $10,000 is assumed for these Treasury bills. What is the price for the March
Use the information in the following table: A face value of $10,000 is assumed for these Treasury bills. What is the price for the March 30 Treasury bill?
The price for the March 30 Treasury bill is
(round to the nearest cent)
Maturity Days to Maturity Bank Discount Mar 30 45 1.23 Apr 30 76 2.05 Jun 30 137 2.51 Aug 30 198
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How Finance Works
Authors: Mihir Desai
1st Edition
1633696707, 978-1633696709
