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Question 10 1 pts A bank accepts a company's 60-day bill with a face value of $650,000 for an acceptance fee of 130 bps, and

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Question 10 1 pts "A bank accepts a company's 60-day bill with a face value of $650,000 for an acceptance fee of 130 bps, and sells it in the money market at 2.75%. What amount does the borrow receive?" $648,614" "$650,000" $645,701 "$647,075" * $648,454

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