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NCG Ltd has just issued $5 million worth of 90-day bank bills at the current market interest rate of 6.25% p.a. The total dollar amount

NCG Ltd has just issued $5 million worth of 90-day bank bills at the current market interest rate of 6.25% p.a. The total dollar amount NCG Ltd will receive from this issue is closest to:

Group of answer choices

$4,874,115.

$4,911,786.

$4,924,115.

$4,936,443.

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