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When will the bill mature if the date of maturity of...

This question belongs to Commerce Accounting
Accounting
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When will the bill mature if the date of maturity of a bill is a holiday

Answer & Solution
Correct Answer: Option C
Preceding working day the bill will mature if the date of maturity of a bill is a holiday, where the date of maturity is a public holiday, the instrument will become due on the preceding business day.
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