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Your company has some idle cash for about 3 months. You are considering between: (i) purchasing 91-day Treasury bills that is worth 10,000,000VND each when

Your company has some idle cash for about 3 months. You are considering between:

(i) purchasing 91-day Treasury bills that is worth 10,000,000VND each when it matures; or (ii) putting money in 91-day bank deposit at 6% per annum. Which one should you invest if you can buy the Treasury Bills at discount of 5,9%(knowing that this year is not a leap year).

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