arminateo67581 arminateo67581

08-03-2024
Business

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A US Treasury bill is currently selling at a discount basis of 2.15%. The par value of the bill is $100,000 and will mature in 120 days. What is the price of this Treasury bill?
A) $97,850
B) $98,065
C) $98,285
D) $98,450

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