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In the Treasury Bill Quote That Follows, the Price of the Bill

Question 119

Multiple Choice

In the Treasury bill quote that follows, the price of the bill can be calculated from the ____ price.  Mat date  Bid  Asked  Yield 9−248.348.298.58\begin{array}{ll}\text { Mat date } & \text { Bid } &\text { Asked }&\text { Yield }\\9-24&8.34&8.29&8.58\end{array}


A) bid
B) asked
C) yield
D) None of these are correct

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