Multiple Choice
The bid price of a T-bill in the secondary market is
A) the price at which the dealer in T-bills is willing to sell the bill.
B) the price at which the dealer in T-bills is willing to buy the bill.
C) greater than the asked price of the T-bill.
D) the price at which the investor can buy the T-bill.
E) never quoted in the financial press.
Correct Answer:
Verified
Correct Answer:
Verified
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