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    Business
  3. Study Set
    Using Financial Accounting
  4. Exam
    Exam 9: Current Liabilities, Contingencies, and the Time Value of Money
  5. Question
    If a Bank Discounts a Note,then the Borrower Needs to Only
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If a Bank Discounts a Note,then the Borrower Needs to Only

Question 153

Question 153

True/False

If a bank discounts a note,then the borrower needs to only pay the cash received and not the face value of the note.

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