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A US Treasury bill has a face value of $10,000 and 90 days of maturity. The T-bill is bidded at the bank discount yield of

A US Treasury bill has a face value of $10,000 and 90 days of maturity. The T-bill is bidded at the bank discount yield of 6% per annum. What is the T-bills money market yield per annum?

1.52%

6%

1.5%

6.09%

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