Question: Question 7: A Company is considering two different commercial bills. One is at 6 per cent yield including fees for 180 days for a face

Question 7: A Company is considering two different commercial bills. One is at 6 per cent yield including fees for 180 days for a face value of $900 000. The other is at 11 per cent yield for 90 days for a face value of $900 000. How much will the company receive in each case? Show workings and comment on which would be the best investment.

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