Question
To finance a new electronic sign to put in front of a retail store, mustang auto signs a 6 month , simple discount note with
To finance a new electronic sign to put in front of a retail store, mustang auto signs a 6 month , simple discount note with maturity value of $4500. Find the proceeds if the discount rate is 10.5% ?
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International Financial Management
Authors: Geert Bekaert, Robert J. Hodrick
2nd edition
013299755X, 132162768, 9780132997553, 978-0132162760
