A treasury bill has a bid yield

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Reference no: EM131022570

A Treasury bill has a bid yield of 2.79% and an ask yield of 2.77%. The bill matures in 175 days. Assume a face value of $1,000. What is the least you could pay to acquire a bill? (Do not round intermediate calculations. Round your answer to 3 decimal places. Omit the "$" sign in your response.)

Reference no: EM131022570

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