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Company X establishes a 180 day bill facility with a local bank. The bill facility is set up using 90-day bank bills. The face value

Company X establishes a 180 day bill facility with a local bank. The bill facility is set up using 90-day bank bills. The face value of the facility is $20 million. The net cash flow that the company will pay on day 180 is?

Group of answer choices

$0

$20 million

$20 million plus interest for 90 days

$20 million plus interest for 180 days

$20 million less interest for 180 days

$20 million less interest for 90 days

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