Question 21 Harana Corp. issues P3,000,000, 15%, 120-day commercial papers and pays 1.25% as broker's fee. How much will be the net proceeds for issuing the commercial papers to Harana Corp.?...

Question 21<br>Harana Corp. issues P3,000,000, 15%, 120-day commercial papers and pays 1.25%<br>as broker's fee. How much will be the net proceeds for issuing the commercial<br>papers to Harana Corp.?<br>P3,000,000<br>P2,812,500<br>P2,962,500<br>P2,850.000<br>

Extracted text: Question 21 Harana Corp. issues P3,000,000, 15%, 120-day commercial papers and pays 1.25% as broker's fee. How much will be the net proceeds for issuing the commercial papers to Harana Corp.? P3,000,000 P2,812,500 P2,962,500 P2,850.000

Jun 07, 2022

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Question 21 Harana Corp. issues P3,000,000, 15%, 120-day commercial papers and pays 1.25% as broker's fee. How much will be the net proceeds for issuing the commercial papers to Harana Corp.?...

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