A U.S.Treasury bill is currently selling at a discount basis of 2.25%.The par value of the bill is $100,000,and will mature in 180 days.What is the price of this Treasury bill?

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The price of the Treasury bill is calculated as follows:Price = Par value - DiscountDiscount = Par value x Discount rate x Time to maturityDiscount = $100,000 x 2.25% x 180/360Discount = $1,125Price = $100,000 - $1,125Price = $98,875

A USTreasury Bill Is Currently Selling at a Discount Basis of of 2.25%.The