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Computation of the price of the Treasury bill
Use the following information ABOUT T-bill to answer the next problem
Maturity
DAYS TO MAT
Bid
Asked
CHG
ASK
YLD
Jun16 09
41
2.68
2.67
0.01
2.72
What price would you pay in dollars to purchase this Treasure bill?
What do you believe is the suitable rate other than 8.00% to utilize as the discount rate for these computations.
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