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A Treasury Bill Has a Face Value of $75,000,an Asked

Question 50

Multiple Choice

A Treasury bill has a face value of $75,000,an asked yield of 3.05 percent,and matures in 35 days.What is the price of this bill?


A) $74,687.14
B) $74,777.60
C) $74,819.80
D) $74,868.00
E) $74,878.42

Correct Answer:

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