question archive A firm has directly placed an issue of commercial paper that has a maturity of 60 days
Subject:AccountingPrice:9.82 Bought3
A firm has directly placed an issue of commercial paper that has a maturity of 60 days. The issue sold for
P980,000 and has an annual interest rate of 12 percent. The value of the commercial paper at maturity is *
Format: 111, 111
Purchased 3 times