Question
A 200-day note was issued on October 17, 2019 bearing interest at 5%.What is the value of the note after 75 days after it's' issue
A 200-day note was issued on October 17, 2019 bearing interest at 5%.What is the value of the note after 75 days after it's' issue date if interest rate is 6% and face value is $5,000?
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Fundamentals Of Financial Management
Authors: Richard Bulliet, Eugene F Brigham, Brigham/ Houston
11th Edition
1111795207, 9781111795207
