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You bought a $10,000 par T-bill which would mature in 357days. The T-bill has a bank discount bid quote of 0.13% and ask quote of
You bought a $10,000 par T-bill which would mature in 357days. The T-bill has a bank discount bid quote of 0.13% and ask quote of 0.12%. What is this T-bill's cost? A. $9,987.11 B. $9,987.28 C. $9.988.26 D. $9,988.10
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