How much in dollars would i pay for this t-bill

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Reference no: EM133560490

Question: Suppose there is a $100,000 T-bill that matures in 266 days. The T-bill has a discount yield of 2.685%. Ignoring fees or commissions, how much in dollars would I pay for this T-bill? (Answer in $ format xxxxx.xx, with no $ sign needed.)

Reference no: EM133560490

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