A 182-day T-Bill with a face value of $25,000 is purchased for $X by an investor who wishes to yield r = 3.50%.What is X?
A)$24,558.29
B)$24,564.24
C)$24,565.33
D)$24,571.18

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The Answer of A 182-day T-Bill with a face value of $25,000 is purchased for $X by an investor who wishes to yield r = 3.50%.What is X?
A)$24,558.29
B)$24,564.24
C)$24,565.33
D)$24,571.18

A 182-Day T-Bill with a Face Value of $25,000 Is