A $1,000 face value Treasury bill with 180 days to maturity is selling at a bank discount yield of 4.24 percent. What is its current price?
A) $954.11
B) $960.08
C) $964.87
D) $974.03
E) $978.80

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The Answer of A $1,000 face value Treasury bill with 180 days to maturity is selling at a bank discount yield of 4.24 percent. What is its current price?
A) $954.11
B) $960.08
C) $964.87
D) $974.03
E) $978.80

A $1,000 Face Value Treasury Bill with 180 Days to Maturity