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Business, 01.04.2021 17:00, suselygonza
n exchange for lending cash, you have a note receivable with a face value (principle) of 10,000, no coupon, and a term of 3 years. Market interest is 8%. The exchange occurred on Jan 1, 2018. Fiscal year end is Dec 31st. The firm uses effective interest to amortize any discounts. Round to the nearest dollar. What is the net value of the note receivable on Dec 31, 2018
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n exchange for lending cash, you have a note receivable with a face value (principle) of 10,000, no...
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