You Are Contemplating Purchasing a $1,000,000 181 Day T-Bill That

You are contemplating purchasing a $1,000,000 181 day T-Bill that is selling at a discount of 4.25%.What is the money market yield of the T-Bill?

A) 4.34%
B) 4.25%
C) 4.40$%
D) 4.15%