The Correct Answer is 09. 05. 2017Bill of exchange: A bill of exchange is an agreement between two parties in which one party is bound to pay a certain amount of money to the other party on a specified date or on order. It is a type of Negotiable Instrument which allows the buyer and seller to carry out credit operations. It is an "unconditional order" and has to be signed by both parties. Important PointsIn the case of Bill after sight, the calculation of maturity date of bill of exchange will start from the date when the bill is accepted. 3 days of grace are added extra to the maturity date of the bill for the drawee to make the payment. Calculation of maturity DateDate of acceptance = 06. 03. 2017 Validity of the bill = 2 monthsMaturity date = 06. 03. 2017 + 2 months + 3 days of grace = 09. 05. 2017