Question $8$

A $30-$day US T$-$bill has been offered to you at a pure discount rate of $2\mathrm{.}13\%.$ So$,$ what are your start and end proceeds on this deal if you were to buy USD $5,000,000($hint: remember USD money market daycount convention$)?$

Start proceeds $$5,000,000,$ end proceeds $$5,008,875$

Start proceeds $$5,000,000$ end proceeds $$5,003,548$

Start proceeds $$4,997,131$ end proceeds $$5,000,000$

Start proceeds $$4,991,125$ end proceeds $$5,000,000$