In the Treasury bill quote that follows, the price of the bill can be calculated from the ____ price. $\begin{array}{ll}
\text { Mat date } & \text { Bid } &\text { Asked }&\text { Yield }\9-24&8.34&8.29&8.58
\end{array}$

A) bid
B) asked
C) yield
D) None of these are correct

Question

In the Treasury bill quote that follows, the price of the bill can be calculated from the ____ price. $\begin{array}{ll}
\text { Mat date } & \text { Bid } &\text { Asked }&\text { Yield }\9-24&8.34&8.29&8.58
\end{array}$

A) bid
B) asked
C) yield
D) None of these are correct

Quizplus · Accepted Answer

The price of a Treasury bill is calculated from the asked price, which represents the price at which investors can buy the bill.

In the Treasury Bill Quote That Follows, the Price of the Bill