Solved: Te rate of return will rise before the roll over dates , Accounting Basics

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Te rate of return will rise before the roll over dates

Question - A company has a $900,000 promissory note which is a 90 day payable. The rate of return will rise before the roll over dates & enters the repayment period. The accepted futures price is $92.50.

Three months later it closes at $91.75.

What is the respective values?

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Accounting Basics: Te rate of return will rise before the roll over dates

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Accounting Basics: Te rate of return will rise before the roll over dates

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