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On June 1, 2024, Dirty Harry Company borrowed cash by issuing a 6-month noninterest-bearing note with a maturity value of $450,000 and a discount rate
On June 1, 2024, Dirty Harry Company borrowed cash by issuing a 6-month noninterest-bearing note with a maturity value of $450,000 and a discount rate of 6%. Assuming straight-line amortization of the discount, what is the carrying value of the note as of September 30, 2024
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