Use the following data to calculate Diane's AMTI.
Definitions:
Face Value
The nominal or original value stated on a financial instrument, such as a bond or currency bill, not necessarily its current market value.
Possession
The state of having, owning, or controlling something, either tangibly or legally.
Holder In Due Course
A legal term for a person who has obtained a negotiable instrument in good faith and for value, and thus has certain rights above the original payee.
Breached The Contract
The act of failing to perform obligations stipulated in a contract, leading to a violation of the agreement.
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