Dollar spread for bill


Problem:

A Treasury bill has a bid yield of 2.91% and an ask yield of 2.89%. The bill matures in 129 days. Assume a face value of $1,000. .

Required:

Question: What is the dollar spread for this bill?

Note: Show all workings.

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Finance Basics: Dollar spread for bill
Reference No:- TGS0880489

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