Private banker is a person or firm engaged in receiving deposits, discounting commercial paper, selling bills of exchange, and doing a banking business without special privileges or authority from the state.
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Private banker is a person or firm engaged in receiving deposits, discounting commercial paper, selling bills of exchange, and doing a banking business without special privileges or authority from the state.
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Redemption Payment means, with respect to the Notes, any payment of principal of and interest on the Notes due from the Note Issuer upon the early redemption of the Notes, other than any such payment due by reason of the occurrence of a Note Event of Default. 🤔
What is considered an acceptable rate of interest to charge on discounted commercial paper? Meaning is there a rate that’s unreasonable?