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An NCD Promises to Pay $1 Million in 45 Days

question 49

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An NCD promises to pay $1 million in 45 days' time.If the current yield is 7% p.a.what is its market value today?


Definitions:

Outsourcing

The business practice of hiring a party outside a company to perform services or create goods that traditionally were performed in-house by the company's own employees and staff.

Privacy, Ethics, and Culture

The interplay between maintaining individual privacy, adhering to ethical standards, and respecting cultural norms within a society or organization.

Operational Automation

The use of technology to perform tasks and processes in a business operation without human intervention, improving efficiency and accuracy.

Environmental Scan

The process of collecting information about the external and internal environments to identify opportunities and threats.

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