Question: A dealer is quoting a $ 2 5 , 0 0 0 face value, 9 0 - day T - bill quoted at 4 .

A dealer is quoting a $25,000 face value, 90-day T-bill quoted at 4.15 bid, 4.05 ask. You could buy this bill at
$24,750.05;$24;755.57
or sell it at
$24,746.88;$24,740.63
$24,749.23; $24,748.09
$24,755.25;$24,759.58
 A dealer is quoting a $25,000 face value, 90-day T-bill quoted

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