A treasury bill has a bid yield of 362 and an ask yield of, Financial Management

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A treasury bill has a bid yield of 362 and an ask yield of

A Treasury bill has a bid yield of 3.62% and an ask yield of 3.56%. The bill matures in 206 days. Assume a face value fo $1000.

What is the dollar spread for this bill? (in dollars not percent) Round your answer to 3 decimal places. (Please show all steps and don't use pvifa if applicable.)

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Financial Management: A treasury bill has a bid yield of 362 and an ask yield of

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