What is the discount yield on a $1 million T-bill that currently sells at 99.4 percent of its face value and is 43 days from maturity?

Do not round intermediate calculations.

Select one:

a) 4.237%

b) 3.583%

c) 3.483%

d) 3.51%

e) 4.00%

f) 5.02%

g) 3.532%