Determine the amount to be paid within the discount period
Problem) Determine the amount to be paid within the discount period for purchase with an invoice price of $7,745, subject to credit terms of 2/10, n/30.
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A hospital incurs $10 million of cost to treat Medicaid patients and receives $7 million in payment. Actual charges for these Medicaid patients were $20 million. The net community benefit expense that would be reported in Schedule H of IRS Form 99
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Determine the amount to be paid within the discount period for purchase with an invoice price of $7,745, subject to credit terms of 2/10, n/30.
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There is a US treasury bond with coupon 4.5% and maturing in mid March 2015. Interest rates are flat at 3%. What's the price of the bond (ignoring transaction costs and other distortions)?
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