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If a $10,000 par T-bill has a 5 percent discount quote and a 180-day maturity,...

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If a $10,000 par T-bill has a 5 percent discount quote and a 180-day maturity, what is the price of the T-bill to the nearest dollar? DON'T USE COMMA SEPARATORS Answer: On July 1, 2012 (61 days later than the last coupon payment), you purchase a $5,000 par T-note that matures in five years. The coupon rate is 13 percent and the price quote is 98-6. The last coupon payment was May 1, 2012, and the next payment is November 1, 2012 (182 days total). The accrued interest is Select one: $184.89 O $134.07 $110.71 $142.45 $150.82 $132.61 $168.13

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