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It to liquidate Ili) complex accounting and auditing requirements and iv) leg- Describe the likely differences in the types of short term finance used by

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It to liquidate Ili) complex accounting and auditing requirements and iv) leg- Describe the likely differences in the types of short term finance used by a small private business compared with those used by a large publicly listed corporation (6 marks) swer: c) ABC Corporation wishes to raise money by selling a 90-day promissory note in the short-term money markets. The note promises to pay the holder $10,000,000 at maturity. If yields on similar risk notes are currently 3.5% p.a., how much money will ABC Corporation receive for the note? (4 marks) Answer: o Et

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