Question: Part C (2 marks) AAC Ltd issued a 90-day bank bill 30 days ago. The face value of the bill is $100,000. If the current

Part C (2 marks) AAC Ltd issued a 90-day bank

Part C (2 marks) AAC Ltd issued a 90-day bank bill 30 days ago. The face value of the bill is $100,000. If the current market yield on this bill is 4% per annum, what is the price of the bill today

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