What is the price of the bill

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Reference no: EM131016645

You want to purchase a Treasury-Bill,but do not know how much you will need to pay for it.You know you can estimate the price from the bid-ask quotes you see in the newspaper.The bill you are considering has 99 days to maturity and the bid and ask quotes are 1.74 and 1.76. What is the price of the Bill?

Reference no: EM131016645

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