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8090 [49]
1 year ago
14

keesha company borrows $290,000 cash on december 1 of the current year by signing a 90-day, 10%, $290,000 note. 1. on what date

does this note mature? 2.
Business
1 answer:
kompoz [17]1 year ago
8 0

The account will get mature at Rs 301600

How does this occur?

Maturity rate = 31 days

  • If the option is exercised, the underlying transaction settles on the maturity date. The final day on which a stock warrant may be used to buy the underlying stock at the strike price is known as the maturity or expiration date.
  • Mature stock is defined as stock acquired through the exercise of an option granted under this Plan or another Company plan, delivered to the Company in order to execute the option, and continuously held by the optione for a period of six months or longer.

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Explanation:

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