The maturity date of a note refers to the date the note must be repaid.
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举一反三
- When the lender provides the borrower with an amount of funds that must be repaid to the lender at the maturity date, along with an additional payment for the interest, it is called a ______
- If the maker of a promissory note fails to pay the note on the due date, the note is said to be ____. A: displaced B: disallowed C: dishonored D: discounted
- (I) A discount bond requires the borrower to repay the principal at the maturity date plus an interest payment. (II) A coupon bond pays the lender a fixed interest payment every year until the maturity date, when a specified final amount (face or par value) is repaid.
- What are the items contained in the head of absence note? A: To B: From C: Subject D: Date
- What are the items contained in the head of absence note? A: To B: From C: Date D: Subject E: Signature
内容
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When a note is discounted at the bank, the maker must make good on the note if the payee defaults.
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Whatever method you use to create note, make sure to record the source, such as author’s name, date, publisher and so on.
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B/L date refers to the date that the cargo is ready to be loaded.
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A coupon bond pays the owner of the bond a fixed interest payment (coupon payment) every year until the maturity date, when a specified final amount (face value or par value) is repaid. （ ） A: True B: False
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On June 8, Acme Co. issued an $80,000, 6%, 120-day note payable to Still Co. What is the maturity value of the note? A: 80100 B: 84800 C: 81600 D: 81200