The process of selling a promissory note to a bank at any time before maturity is known as _____ a note. a.discounting b.lending c.maturing d.investing
The process of selling a promissory note to a bank at any time before maturity is known as _____ a note. a.discounting b.lending c.maturing d.investing
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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30.The process of selling a promissory note to a bank at any time before maturity is known as _____ a note.
a.discounting
b.lending
c.maturing
d.investing
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