Question: Problem 2.3 (a) A T-bill with face value $10,000 and 94 days to maturity is selling at a bank discount ask yield of 4.1%. What
Problem 2.3 (a) A T-bill with face value $10,000 and 94 days to maturity is selling at a bank discount ask yield of 4.1%. What is the price of the bill? (Use 360 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places.)'
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