Question: A three months Treasury bill with $10,000 face value has a discount rate of 1.88% and matures in 90 days. Compute its price? 1) $9,953

A three months Treasury bill with $10,000 face value has a

A three months Treasury bill with $10,000 face value has a discount rate of 1.88% and matures in 90 days. Compute its price? 1) $9,953 2) $9,959 3) $9,964 4)$9,976

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