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A company issues a 90-day bill with a face value of $100 000, yielding 7.65% per annum. What amount would the company raise on the

A company issues a 90-day bill with a face value of $100 000, yielding 7.65% per annum. What amount would the company raise on the issue?

A. $84 130.46

B. $92 350.21

C. $98 123.39

D. $98 148.62

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