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Today is 22th March 2020. Jane just purchased a 180-day $100,000 bank bill at a simple interest rate. The purchase price is $98,500. She sold

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Today is 22th March 2020. Jane just purchased a 180-day $100,000 bank bill at a simple interest rate. The purchase price is $98,500. She sold this bank bill on 26th May 2020 at 2.89% p.a. simple interest rate. c) What is her holding period yield rate? Expressed as a percentage and rounded to three decimal places. Select one: a. 3.407% b. 1.926% C. 5.632% d. 3.851%

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