Date of maturity of bill is: 1.Duration of the bill. 2. Due date + 3 Days of grace.

Question

Date of maturity of bill is:

1.Duration of the bill.

1. Due date + 3 Days of grace.

2. The date on which the bill will expire.

3. Due date.

Answer 1

Date of maturity of bill isDue date + 3 Days of grace.