Question: How is a note receivable valued if it is (a) A no- interest note and (b) A low- interest note? Assume in all cases that

How is a note receivable valued if it is
(a) A no- interest note and
(b) A low- interest note? Assume in all cases that the note had a term of two years. How would your answer change if the note had a term of two months?

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