A bill holder wishing to dispose of his bills before maturity would be paid?

Commerce WAEC 1989

A bill holder wishing to dispose of his bills before maturity would be paid?

  • the discount value of the bill checkmark
  • the present value of the bill
  • the premium on the bills only
  • the accumulated interest on the bills
  • total face value of the bills with the premium

The correct answer is: A

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment