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interest rate.Which account will n

By April 3, 2022No Comments

interest rate.Which account will n4.5Ethical Considerations.Take a look back at Example 4.6.Is it deceptiveadvertising?Is it unethical to advertise a future value like this without adisclaimer?On March 28,2008,Toyota Motor Credit Corporation (TMCC),a subsidiary ofToyota Motor,offered some securities for sale to the public.Under the terms ofthe deal,TMCC promised to repay the owner of one of these securities $100,000on March 28,2038,but investors would receive nothing until then.Investors paidTMCC $24,099 for each of these securities;so they gave up $24,099 on March 28,2008,for the promise of a $100,000 payment 30 years he wwilling to accent such a small



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