A student attempted the following question but unfortunately made a few mistakes in their wor A 90-day Bank Accepted Bill (BAB) with a Face Value of $100,000 was issued by a borrowers. Market rates are currently: 90 days at 3% pa 60 days at 2.5%% pa 30 days at 2% pa The bill was sold in the secondary market on day 30 . What was a fair price for the bill? The student's attempt: The price of the bill: PV=(1+i)nFV=(1+3%)36030100,000=99,753.98 Your tasks: 1) Identify what mistakes did the student made in the above calculation 2) What should have been the correct answer here