Question: Treasury Wine Estates issues a 90-day bill today. The face value of this bill is $1 million with a yield of 7.7% p.a. What is

Treasury Wine Estates issues a 90-day bill today. The face value of this bill is $1 million with a yield of 7.7% p.a. What is the total amount of interest paid at maturity? a. None of the options b. $19,013.67 c. $18,632.54 d. $19,651,46 e. $18,986,30

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