The discount rate on a 90-day Treasury bill declines by one “basis point.” For each $1,000,000 of face value, how mu

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answerhappygod
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The discount rate on a 90-day Treasury bill declines by one “basis point.” For each $1,000,000 of face value, how mu

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The discount rate on a 90-day Treasurybill declines by one “basis point.” Foreach $1,000,000 of face value, how much does the price of this billchange?
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