Jane Hedges has today invested in a 180-day bank bill with a face value of $1 million, priced to yield 6.30 per cent per annum. Simultaneously she has sold a futures contract on a 90-day bank bill with a face value of $1 million. The futures contract will expire in 90 days' time from today. The futures price is 93.55. Jane intends to settle the futures contract by delivery. Ignoring any effects from the mark-to-market rule, determine the amount and timing of Jane's cash payments and receipts and calculate the yield (simple interest, in per cent per annum) she will achieve on her investment? What if anything, does this imply about today's 90-day bank bill yield?