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Amalgamated Appliance Inc.has planned a 3-month issue of commercial paper with a face value of $25,000,000.The paper is set to sell at 98.5% of face value.What is the discounted selling price of the firm's commercial paper?
Federal Sentencing Guidelines
Rules set out by the federal government to determine the appropriate sentence for individuals and organizations convicted of federal crimes.
Judicial Discretion
The authority given to judges to make decisions based on what they believe is fair and in accordance with the law, especially in areas not explicitly outlined by statute.
USA PATRIOT Act
Legislation enacted to strengthen domestic security and broaden the powers of law enforcement agencies with regards to identifying and countering terrorist activities.
Foreign Intelligence Surveillance Act Court
A federal court established to oversee requests for surveillance warrants against foreign spies inside the United States by federal law enforcement and intelligence agencies.
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