A. Borrower wants a short-term loan and approaches Captor Bank to provide a bank bill borrowing facility. Captor has agreed to accept the bank bill with a face value of $500 000 and a maturity of 180 days. A. Borrower then sells the bill in the money market to Funder Ltd at the current 180-day bank yield of 7.5 per cent per year. What value does A. Borrower receive from Funder Ltd?