Question: 1. Five Company has issued a P 5,000,000, 10%, 3 year note on January 1, 2020 to Over Bank, during which the prevailing market rate

1. Five Company has issued a P 5,000,000, 10%, 3 year note on January 1, 2020 to Over Bank, during which the prevailing market rate is 12%. Two years after, the company was not able to pay its ...

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