Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Question
A T-bill quote sheet has 120-day T-bill quotes with a 5.67 ask and a 5.61 bid. If the bill has a $10,000 face value, an investor could sell this bill for _____.
multiple choice
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$9,815.56
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$9,813.00
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$9,811.00
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$10,000
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