Solved

A 182-Day, $250,000 Treasury Bill Originally Issued at 6

Question 142

Multiple Choice

A 182-day, $250,000 Treasury Bill originally issued at 6.6% was sold at 5.9%, 82 days after it was issued. What was the selling price?

A) $245,560
B) $250,000
C) $246,730
D) $246,347
E) $246,023

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