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Xenia has $14427.66 and wants to buy a T-bill with a face value of $15000.00 that matures on December 16, 2016. The annual simple discount
Xenia has $14427.66 and wants to buy a T-bill with a face value of $15000.00 that matures on December 16, 2016. The annual simple discount rate is 5.50% and the daycount convention is ACT /360. What is the last day on which she can still buy the T-bill? O a. April 7, 2016 O b. April 14, 2016 OC. April 10, 2016 O d. April 13, 2016 O e. April 11, 2016
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