a (10 marks) Today is March 1, 2017. Kai has $14.699.49 and wants to buy a T-bill with a face value of $15,000 that matures on December 22, 2017. The annual simple discount rate is 3.000% and the daycount convention is ACT /365. a) How much would the T-bill cost if he were to purchase it today? b) How much interest would he earn every day (if the discount rate stayed constant)? c) If Kai doesn't buy the T-bill today, what is the last day on which he will still be able to buy it