A treasury bill has a bid yield of 193 and an ask yield of


A Treasury bill has a bid yield of 1.93% and an ask yield of 1.89%. The bill matures in 200 days. Assume a face value of $1,000. What is the least you could pay to acquire a bill? (Do not round intermediate calculations. Round your answer to 3 decimal places. Omit the "$" sign in your response.)

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Financial Management: A treasury bill has a bid yield of 193 and an ask yield of
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