A financial analyst draws a cash flow diagram to model the following scenario. A 90-day commercial bill will mature for $300000. The price paid for the bill at issue was $294182.44. The bill was sold 26 days after issue for $296060.05. Calculate the annual rate of simple interest (as a percentage, to two decimal places) earned by the buyer who paid $294182.44 and sold for $296060.05. What was the annual rate of simple discount (as a percentage, to two decimal places) that the buyer sold at (earning a price of $296060.05) ? Here is the cash flow diagram the analyst drew. Which response best reflects the values of Z,Y,X,W,V,U,T and S ? a. Z is 90.00,Y is $300000.00,X is $294182.44,W is 26,V is $296060.05,U is not required, T is 7.49% p.a. (simple discount) and S is 8.96% p.a. (simple interest). b. Z is 90.00,Y is $300000.00,X is $294182.44,W is 64.00,V is $296060.05,U is not required, T is 18.44% p.a. (simple discount) and S is 3.64% p.a. (simple interest). c. Z is 90.00,Y is $300000.00,X is $294182.44,W is 26,V is $296060.05,U is not required, T is 6.95% p.a. (simple discount) and S is 11.09% p.a. (simple interest). d. Z is 90.00,Y is $300000.00,X is $294182.44,W is 26,V is $296060.05,U is not required, T is 7.39% p.a. (simple discount) and S is 9.06% p.a. (simple interest)