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Assume that you purchase a $3 million Negotiable Certificate of Deposit (NCD) issued

Assume that you purchase a $3 million Negotiable Certificate of Deposit (NCD) issued by the Yellow Stone National Bank of Tyler, Montana. When the NCD was originally issued it had a maturity of 180 days and offered a quoted annual rate of 4.25 percent. At the time you purchased the NCD it has 79 days left to maturity. When you redeem the NCD in 79 days, how much will you collect from the bank
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lyric2714
lyric2714
4,8(70 marks)

Answer and Explanation:     This decline in purchasing power means low-wage workers have to work . Raise the federal minimum wage in eight steps to $15 per hour by 2024. Wages of workers making more than $15 in order to attract and retain their workforce's. Workers, a rising minimum wage ensures that the lowest-paid jobs.

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