Question
suppose the face value of the bill of exchange divided by its current price is equal to 1.01.Suppose the quoted rate r just happends to
suppose the face value of the bill of exchange divided by its current price is equal to 1.01.Suppose the quoted rate r just happends to be 3.65%. How many days are remaining until the muturity date of the bill?
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Get StartedRecommended Textbook for
Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur Keown, John Martin
12th edition
133423824, 978-0133423822
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