Suppose you could buy a 91 day t-bill at an ASK of 7.02 and a BID of

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Question:

Suppose you could buy a 91 day t-bill at an ASK of 7.02 and a BID of 7.22:

a. Find the bid price?

b. Find the ask price?

c. Find the ask yield?

d. How much does that Market Maker per $1000 of Face Value of the T-Bill?

Related Book For answer-question

Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Posted Date: Jun 15, 2023 12:13 AM

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Suppose you could buy a 91 day t-bill at an ASK of 7.02 and a BID of

Question:

Expert Answer:

a The bid price represents the price at which the market maker is willing to buy the Tbill In t... View the full answer

Microeconomics An Intuitive Approach with Calculus

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