Which of the following price quotes is representative of a treasury bill?
A)98.9 - 100
B)96 - 96½
C)5.78 - 5.73
D)5.55 - 5.75

Name: Which of the following price quotes is representative of a treasury bill? A)98.9 - 100 B)96 - 96½ C)5.78 - 5.73 D)5.55 - 5.75
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5.78 - 5.73. Prices for treasury bills are quoted as percentage yields. A quotation in yield means the first price in the spread - the bid price - should be higher than the offer price. A higher yield means a lower price.

Which of the Following Price Quotes Is Representative of a Treasury