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The holder of a bill who wishes to pose it before maturity would be paid 

Commerce
WAEC 2024

The holder of a bill who wishes to pose it before maturity would be paid 

  • A. dividend
  • B. interest
  • C. the discounted value
  • D. the face value
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Correct Answer: Option C
Explanation

when a holder of a bill wants cash earlier than the date of maturity of the bill, then he takes it to discount houses for discounting 

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