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Chang Co. Issued a 540,500, 120-day, discounted note to Guarantee Bank. The discount rate is 12%. Assuming a 360-day year, the cath proceeds to Chang

Chang Co. Issued a 540,500, 120-day, discounted note to Guarantee Bank. The discount rate is 12%. Assuming a 360-day year, the cath proceeds to Chang Co, are Os $45.360 Ob. $38.580 Oc $10.500 Od $40.905 (Previous Nen)

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