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Hi there, can you please help me understand how to calculate book value of the note a year after its issuance? I am not sure
Hi there, can you please help me understand how to calculate book value of the note a year after its issuance? I am not sure where to start on this. Thank you!
On January 1, a 5-year, $5,000 non-interest-bearing note payable was issued when themarket rate of interest was 9%.
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