Rex Corporation accepted a $9,500, 9%, 120-day note dated August 8 from Regis Company in settlement of a past bill. On October 11, Rex discounted the note at Park Bank at 10%. (Use Days in a year table.)

a. What is the notes maturity value? (Use 360 days a year. Do not round intermediate calculations. Round your final answer to the nearest cent.)

b. What is the discount period?

c. What is the bank discount? (Use 360 days a year. Do not round intermediate calculations. Round your final answer to the nearest cent.)

d. What proceeds does Rex receive? (Use 360 days a year. Do not round intermediate calculations. Round your final answer to the nearest cent.)