Question: How much would you pay for a U.S. Treasury bill with 112 days to maturity quoted at a discount yield of 2.18 percent? Assume a

 How much would you pay for a U.S. Treasury bill with

How much would you pay for a U.S. Treasury bill with 112 days to maturity quoted at a discount yield of 2.18 percent? Assume a $1 million face value and an inflation rate of 2.2134%. How much would you pay for a U.S. Treasury bill with 102 days to maturity quoted at a discount yield of 1.18 percent? Assume a $500,000 face value and an inflation rate of 1.2134%

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