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BSP Bank accepts a bill on behalf of a client. The face value of the bill is $100000. The term is 3 months from 1st

BSP Bank accepts a bill on behalf of a client. The face value of the bill is $100000. The term is 3 months from 1st December to 1st March in a leap year. The yield is 5.8%. How much will the investor have to provide to the borrower?

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