What is the price of us treasury bill

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Reference no: EM131528665

What is the price of a U.S. Treasury bill with 68 days to maturity quoted at a discount yield of 2.05 percent? Assume a $1 million face value. (Enter your answer in dollars not in millions. Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response. )

Reference no: EM131528665

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