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show all working out (b) A bank accepts a deposit for $3 million by issuing a 90-day NCD with interest at 6%. What is the
show all working out 
(b) A bank accepts a deposit for $3 million by issuing a 90-day NCD with interest at 6%. What is the NCD's face value? [5 marks] Step by Step Solution
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The Socionomic Theory Of Finance
Authors: Robert R. Prechter
1st Edition
0977611256, 978-0977611256
