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Suppose a $10,000 Treasury Bill with 82 Days Left Until

Question 20

Multiple Choice

Suppose a $10,000 Treasury Bill with 82 days left until maturity is quoted at an asking bank discount rate of 3.20%. What would be the price of this Treasury Bill?


A) $9,727
B) $9,866
C) $9,927
D) $10,000

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