Business, 15.07.2020 02:01, sanic123

. On April 31, 2021, Elkhorn Associates borrowed $10 million cash from Colonial Bank and issued a 5-month, noninterest-bearing note, priced to yield an effective interest rate of 10%. The stated discount rate on this loan is:

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. On April 31, 2021, Elkhorn Associates borrowed $10 million cash from Colonial Bank and issued a 5-...