A treasury bill has a bid yield of 346 and an ask yield of, Financial Management

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A treasury bill has a bid yield of 346 and an ask yield of

A Treasury bill has a bid yield of 3.46% and an ask yield of 3.4%. The bill matures in 120 days. Assume a face value of $1,000. What is the least you could pay to acquire a bill? (Do not round intermediate calculations. Round your answer to 3 decimal places. Omit the "$" sign in your response.)

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Financial Management: A treasury bill has a bid yield of 346 and an ask yield of

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Financial Management: A treasury bill has a bid yield of 346 and an ask yield of

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