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Posted on Aug 07, 2024

You bid for a Treasury bill has a total face value of $ 3 1 5 , 0 0 0 . If the T -

You bid for a Treasury bill has a total face value of $

315, 000 .

If the T

-

bill matures in

91

days and has an annualized discount rate of

6.25 %,

what is the price you would have paid for that T

-

bill?

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