A Treasury bill has a face value of $250,000, matures in 32 days, has a...

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Finance

A Treasury bill has a face value of $250,000, matures in 32 days, has a bid yield of 2.50 percent and an asked yield of 2.02 percent. What is the selling price of this Treasury bill in the market? (Enter the answer accurate to two decimal places. Just enter a number - do not add a $ symbol or any other punctuation.)

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