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d. A nine-month note dated 17 April 2020 was discounted at bank discount of 11%. Determine i. the maturity date, (1 mark) ii. the interest

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d. A nine-month note dated 17 April 2020 was discounted at bank discount of 11%. Determine i. the maturity date, (1 mark) ii. the interest rate that is equivalent to the discount rate

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