If the treasury bill has $10.000 par value 200 days to maturity and is quoted: Bid: 0,720 Ask: 0,630 then: a) The price for the buyer is $9.965 b) The price for the seller is $9.965 c) The price for the buyer is $9.970 d) The price for the seller is $9.960
If the treasury bill has $10.000 par value 200 days to maturity and is quoted: Bid: 0,720 Ask: 0,630 then: a) The price for the buyer is $9.965 b) The price for the seller is $9.965 c) The price for the buyer is $9.970 d) The price for the seller is $9.960
Chapter2: The Domestic And International Financial Marketplace
Section: Chapter Questions
Problem 4P
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Question
If the treasury bill has $10.000 par value 200 days to maturity and is quoted:
Bid: 0,720 Ask: 0,630 then:
a) The price for the buyer is $9.965
b) The price for the seller is $9.965
c) The price for the buyer is $9.970
d) The price for the seller is $9.960
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