The following Treasury bill quote is provided as of January 6, 2XX1: Days to maturity Bid Asked Chg Asked Yield 311 5.25 5.20 +0.03 ?? How much would a dealer pay for $100,000 worth of T-bills on January 6, 2XX1? (Round your answers to 2 decimal places. (e.g., 32.16))

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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The following Treasury bill quote is provided as of January 6, 2XX1:

Days to maturity

Bid

Asked

Chg

Asked Yield

311

5.25

5.20

+0.03

??


How much would a dealer pay for $100,000 worth of T-bills on January 6, 2XX1? (Round your answers to 2 decimal places. (e.g., 32.16))

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