Question: A T-bill with face value ( $ 10,000 ) and 81 days to maturity is selling at a bank discount ask yield of 28. Required:

$A T-bill with face value \$ \\$ 10,000 \$ and 81$

A T-bill with face value \$ \\$ 10,000 \$ and 81 days to maturity is selling at a bank discount ask yield of \28. Required: o. What is the price of the bill? (Use 360 doys a year. Do not round intermediate calculations. Round your answer to 2 decimal places.)

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