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A Treasury Bill Has a Face Value of $65,000,an Asked

Question 31

Multiple Choice

A Treasury bill has a face value of $65,000,an asked yield of 3.05 percent,and matures in 60 days.What is the price of this bill?

A) $64,675.74
B) $64,777.60
C) $64,819.80
D) $64,868.00
E) $64,878.42

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