An investor bought a 91-day $25,000 Treasury Bill to yield r = 3.5%.The investor sold the T-bill 40 days later to another investor who wishes to yield r = 3.25%.What price did the T-bill sell for?
A)$25,104.15
B)$25,089.04
C)$24,886.99
D)$24,880.37

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The Answer of An investor bought a 91-day $25,000 Treasury Bill to yield r = 3.5%.The investor sold the T-bill 40 days later to another investor who wishes to yield r = 3.25%.What price did the T-bill sell for?
A)$25,104.15
B)$25,089.04
C)$24,886.99
D)$24,880.37

An Investor Bought a 91-Day $25,000 Treasury Bill to Yield