Computation of the price of the Treasury bill
Use the following information ABOUT T-bill to answer the next problem
Maturity
|
DAYS TO MAT
|
Bid
|
Asked
|
CHG
|
ASK
YLD
|
Jun16 09
|
41
|
2.68
|
2.67
|
0.01
|
2.72
|
What price would you pay in dollars to purchase this Treasure bill?