What Would Be the Current Value of a Bank- Accepted

question 11

Multiple Choice

What would be the current value of a bank- accepted bill with a face value of $5,000,180 days until maturity when the current yield is 5.3%p.a.?

• A)$4956.45
• B)$4872.64
• C)$5000.00
• D)$9628.57

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Definitions:

EEOC

The Equal Employment Opportunity Commission (EEOC) is a federal agency that administers and enforces civil rights laws against workplace discrimination in the United States.

FMLA

The Family and Medical Leave Act is a U.S. federal law that provides employees with unpaid, job-protected leave for certain family and medical reasons.

Obligations

Duties or commitments that an individual or organization is bound to perform, often under the terms of a contract or law.

Age Discrimination

Unfair treatment of individuals in employment or other areas based on their age.