On September 1 4 , 2 0 2 4 a note signed on February 3 , 2

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On September

14, 2024

a note signed on February

3, 2024

matures for $

8, 000 .

The simple discount rate is

3.96 % .

What were the note's proceeds?

Related Book For answer-question

Fixed Income Securities Valuation Risk and Risk Management

ISBN: 978-0470109106

1st edition

Authors: Pietro Veronesi

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Posted Date: May 02, 2024 08:00 PM

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On September 1 4 , 2 0 2 4 a note signed on February 3 , 2

Question:

Expert Answer:

Heres how to calculate the notes proceeds 1 Identify the Variables Maturity Value M 8000 Discount Ra... View the full answer

Fixed Income Securities Valuation Risk and Risk Management

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