A Treasury bill with 182 days to maturity is quoted at 5.62 bid, 5.60 asked, and an asked yield of 5.84. How much would you pay for this security?
A) $9,440
B) $9,720
C) $9,708
D) $9,438

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The Answer of A Treasury bill with 182 days to maturity is quoted at 5.62 bid, 5.60 asked, and an asked yield of 5.84. How much would you pay for this security?
A) $9,440
B) $9,720
C) $9,708
D) $9,438

A Treasury Bill with 182 Days to Maturity Is Quoted