What is a promissory note, and what are some terms that are normally included in promissory notes?

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Intermediate Financial Management

ISBN: 9781337395083

13th Edition

Authors: Eugene F. Brigham, Phillip R. Daves

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Question Posted: Mar 10, 2024 12:01 AM

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What is a promissory note, and what are some terms that are normally included in promissory notes?

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A promissory note is a legal document that outlines a borrowers promise to repay a specific amount of money to a lender at a specified time or upon de...View the full answer

Intermediate Financial Management

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