Suppose the company holds the note for 60 days before discounting it

Suppose the company holds the note for 60 days before discounting it

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Suppose the company holds the note for 60 days before discounting it. After 60 days,  the company has earned interest revenue of $73.97. Since the note's due date is 30 days away, the bank's discount is $63.01. The bank 
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