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A90-day bank bill was issued 35 days ago, has a face value of $600, and is trading at a price of $595.51. What is the

A90-day bank bill was issued 35 days ago, has a face value of $600, and is trading at a price of $595.51. What is the current yield of the security?

Select one:

a. 4%

b. 6%

c. 3%

d. 5%

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