A Treasury bill has a face value of $50,000, an asked yield of 2.87 percent, and matures in 31 days. What is the price of this bill?
A) $49,687.14
B) $49,706.03
C) $49,819.80
D) $49,868.00
E) $49,878.42

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The Answer of A Treasury bill has a face value of $50,000, an asked yield of 2.87 percent, and matures in 31 days. What is the price of this bill?
A) $49,687.14
B) $49,706.03
C) $49,819.80
D) $49,868.00
E) $49,878.42

A Treasury Bill Has a Face Value of $50,000, an Asked