Question: Kobe has $ 8 6 , 8 5 8 . 9 6 and wants to buy a T - bill with a face value of

Kobe has $86,858.96 and wants to buy a T-bill with a face value of $90,000.00 that matures on 2020-07-03. The annual simple interest rate is 8.000% and the daycount convention is ACT /360. What is the last day on which he can still buy the T-bill?

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