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Assume the time from acceptance to maturity on a $2,000,000 banker's acceptance is 90 days.Further assume that the importing bank's acceptance commission is 1.25 percent and that the market rate for 90-day B/As is 6.0 percent.Calculate the amount the exporter will receive if he holds it to maturity.
Type A Personality
A temperament characterized by excessive ambition, aggression, competitiveness, and urgency.
Heart Disease
A general term for a variety of conditions that affect the heart's structure and function, leading to reduced blood flow or heart failure.
Type A Personality
A temperament characterized by excessive ambition, aggression, competitiveness, drive, impatience, need for control, focus on quantity over quality and unrealistic sense of urgency.
Hostile Subtype
A specific category within a broader classification that is characterized by aggression, antagonism, or opposition.
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