Who is liable for premature payment on postdated checks


1. What is the value in year 4 of a $710 cash flow made in year 6 if interest rates are 9 percent?

2. Who is liable for premature payment on postdated checks?

3. Does a holder in due course have protection against all defenses or only certain defenses?

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Financial Management: Who is liable for premature payment on postdated checks
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