Question: BHP issues 6 0 - day BABs with a face value of $ 3 7 1 , 2 6 6 . The current BBSW is

BHP issues 60-day BABs with a face value of $371,266. The current BBSW is 3.85%. CBA acts as acceptor and charges a fee of 120 basis points. Calculate the fee (in $ with 2 decimal places) earned by CBA.

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