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Question
Which one of the following statements is correct concerning a Treasury bill?A. The asked discount indicates the amount a bond dealer is willing to pay to purchase a Treasury bill.
B. The asked yield on a Treasury bill is a bond equivalent yield.
C. The asked discount for a Treasury bill is greater than the bid discount.
D. The asked yield for a Treasury bill is computed based on a 360-day year.
E. The bid price on a Treasury bill is computed based on a 365, or 366-day year.
Answer
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Q:
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