Multiple Choice
A Treasury bill has a face value of $75,000,an asked yield of 3.05 percent,and matures in 90 days.What is the price of this bill?
A) $74,440.17
B) $74,477.60
C) $74,519.80
D) $74,568.00
E) $74,578.42
Correct Answer:
Verified
Correct Answer:
Verified
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