What is the price of treasury bill

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What is the price of a U.S. Treasury bill with 100 days to maturity quoted at a discount yield of 1.40 percent? Assume a $1 million face value. (Enter your answer in dollars not in millions. Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response. )

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Reference no: EM13908786

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