Pelican Pharmaceuticals Ltd requires approximately $250,000 for 180 days to finance inventory purchases and ANZ Bank have offered to arrange the financing through a bill facility using 90 day bills. ANZ will obtain the initial funds by selling the bill to City Investments Ltd. (a) If the current 90 day bank bill rate is 5.25% pa., what price will Pelican Pharmaceuticals receive 4. for the bill? (b) If the 90 day bank bill rate in 90 days is 5.15% p.a., what will be the net inflow or outflow for Pelican Pharmaceuticals at the end of the first 90 day period? (c) Who is the drawer of this bill and who is the acceptor