A dealer is quoting a 180-day T-Bill with a face value of $10,000 that is quoted at 3.75 bid, 3.60 ask. This bill can be bought at ________ or can be sold at ________.
A) $9,879.23; $9,864.36
B) $9,864.36; $9,859.23
C) $9,820.00; $9,812.50
D) $9,802.50; $9,787.50

Question

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The Answer of A dealer is quoting a 180-day T-Bill with a face value of $10,000 that is quoted at 3.75 bid, 3.60 ask. This bill can be bought at ________ or can be sold at ________.
A) $9,879.23; $9,864.36
B) $9,864.36; $9,859.23
C) $9,820.00; $9,812.50
D) $9,802.50; $9,787.50

A Dealer Is Quoting a 180-Day T-Bill with a Face