A Treasury Bill Has A Face Value Of 250 000 An Asked Yield Of 2 02 Percent And Matur 1206026

A Treasury bill has a face value of $250,000, an asked yield of2.02 percent, and matures in 32 days. What is the price of thisbill?

A.

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$249,408.08

B.

$249,408.08

C.

$249,511.11

D.

$249,670.22

E.

$249,717.08