The company has a customer bond amounting to TL 180,000, which was issued on 01.10.2023 and due

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The company has a customer bond amounting to TL 180,000, which was issued on 01.10.2023 and due on 01.07.2024. At the end of the period, the promissory note has been rediscounted by the enterprise.

If the discount rate is 24%, what is the cash value of the bill at the end of the period?

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Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

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Posted Date: Jul 31, 2023 01:20 AM

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The company has a customer bond amounting to TL 180,000, which was issued on 01.10.2023 and due

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To calculate the cash value of the promissory note at the end of the period after being ... View the full answer

Smith and Roberson Business Law

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