Bill quote sheet


A T-bill quote sheet has 120-day T-bill quotes with 5.52 bid and 5.46 ask. If the bill has a $10,000 face value, an investor could purchase this bill for _____.

A. $9,818.00

B. $9,816.00

C. $9,820.49

D. $10,000

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Finance Basics: Bill quote sheet
Reference No:- TGS0875714

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