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At What Price Could an Investor Purchase the Following T-Bill

Question 27

Multiple Choice

At what price could an investor purchase the following T-Bill?  Days to Maturity Bid  AskedChg.  Ask Yield5856.015.97+0.016.11\begin{array}{l}\text { }&\\\begin{array} { l l l l l l } \text {Days to Maturity }&\text {Bid }&\text { Asked}&\text {Chg. }&\text { Ask Yield}\\585&6.01&5.97&+0.01&6.11\end{array}\end{array}


A) $9,897.16
B) $9,903.17
C) $9,903.82
D) $9,901.56
E) $9,905.43

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