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
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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