You want to purchase a treasury-bill but do not know how, Ask an Expert

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You want to purchase a Treasury-Bill, but do not know how much you will need to pay for it. You know you can estimate the price from the bid-ask quotes you see in the newspaper. The bill you are considering has 99 days to maturity and the bid and ask quotes are 1.74 and 1.76. What is the price of the Bill?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91604406

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