The face value of a treasury bill is $1000. The bill is priced using the...
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Finance
The face value of a treasury bill is $1000. The bill is priced using the bank discount basis. The official interest rate (also known as the "discount yield") for this t-bill is 4.3% and the t-bill matures in 6 months. What is the price of this t-bill? Round your answer to the nearest penny.
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