An Australian company has decided to issue a 150-day bank-accepted bill domestically to raise additional funding of $370000 to buy equipment. If the bank has agreed to discount the bill at a yield of 5.39% per annum, which of the following values will the face value of the bill be closest to?

Select one:

a. $378309.58

b. $370000.00

c. $386062.23

d. $378195.75

e. $392470.86

f. $368971.47

g. $361981.85