Jay purchased a 60-day $100,000 bank bill at a simple interest rate on 15th March 2020. The purchase price is $98,500. He sold this bank bill on 23rd April 2020. (a) What is his selling price, if he sold this bank bill at 3.51% p.a. simple interest rate? Select one: a. 99808.04 O b.98869.42 O c. 99798.46 O d. 99788.88 Jay purchased a 60-day $100,000 bank bill at a simple interest rate on 15th March 2020. The purchase price is $98,500. He sold this bank bill on 23rd April 2020. (b) Assume that Jay sold this bank bill with a price of $98,900 and deposited all sale proceeds into an account to earn a simple interest rate of 3.40% p.a. What is the annualised (simple interest) yield for this 60-day investment? Select one: O a. 0.0367 O b. 0.0372 O c.0.0361 O d. 0.0380