Multiple Choice
A Treasury bill has a face value of $75,000, an asked yield of 3.05%, and matures in 90 days. What is the price of this bill?
A) $74,408.13
B) $74,428.13
C) $74,439.80
D) $74,468.00
E) $74,478.42
Correct Answer:
Verified
Correct Answer:
Verified
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