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(c) Issue a promissory note. (d)* Buy a promissory note. The role of the discounter in a bill of exchange is to: (a) Act as a negotiator. (b)* Provide the funds by acting as the initial purchaser of the bill. (c) Write up the documents. When comparing debentures and unsecured notes, it can be said that: (a) They are identical securities. ................
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