Ellis Corporation wants to raise $500,000 by issuing a five year, noninterest-bearing note when the market rate

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Ellis Corporation wants to raise $500,000 by issuing a five year, noninterest-bearing note when the market rate is 8 percent compounded quarterly. What will the face value of the note be?

Posted Date: Jun 11, 2024 12:32 AM

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Ellis Corporation wants to raise $500,000 by issuing a five year, noninterest-bearing note when the market rate

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