Financial Management: the company is willing to receive a lesser amount from the bank even though they will pay the whole amount of the face value at the date of maturity

Question

the company is willing to receive a lesser amount from the bank even though they will pay the whole amount of the face value at the date of maturity

Jennifer Leigh · Accepted Answer

discounting the company's own note

The company is willing to receive a lesser amount from the bank even though they will pay the whole amount of the face value at the date of maturity