NECO Commerce 2024 Objective — Question 32
Question 32 of 50 from the National Examinations Council (NECO) Commerce 2024 Objective paper, with the correct answer and a full explanation.
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The holder of a bill who wishes to dispose of it before maturity would be paid the
- A. A. dividend
- B. B. interest
- C. C. discounted valueCorrect
- D. D. face value
Explanation
The holder can discount the bill before maturity, receiving its discounted value.
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