X issues a Bill of Exchange to Y amounting to 10,000 on January 1, 2013, with a term of three months. What is the maturity date of this bill?

Explanation

The bill was drawn on January 1, 2013, for a period of three months. According to the calculation of the due date by adding three months, the maturity falls on April 4, 2013, making option A the correct answer.