T-bill to the broker quoting the bid

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Reference no: EM131327607

A Treasury bill, with face value of $10,000, has a bid discount yield of 3.20%. It has 34 days to maturity. What is the price to sell this T-Bill to the broker quoting the bid?

Reference no: EM131327607

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T-bill to the broker quoting the bid : A Treasury bill, with face value of $10,000, has a bid discount yield of 3.20%. It has 34 days to maturity. What is the price to sell this T-Bill to the broker quoting the bid?

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