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If it chose a 3 percent rate instead, the current obligation would be $737,000.
For example, if a company estimated it would owe $1 million in 10 years and used an 8 percent discount rate, the current obligation would be $434,000.
Once it has met its historic and current obligation to boys of the Catholic community, Wimbledon College welcomes other Christians and those who support the religious ethos of the school".
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That 12.6% needs to fund current obligations.
The palaces bear no relation to current obligations.
It is also larger than the $2.5 trillion total current obligations of state and local governments.
The ratio of current assets to current liabilities, for example, gives the analyst an idea of the extent to which the firm can meet its current obligations.
With the collapse of Saddam Hussein's government, the Security Council delegated the secretary general to adjust the current obligations and make food, medical and sanitation imports a top priority.
To cover current obligations, according to the International Monetary Fund, young people will have to pay 35 percent more taxes and receive 35 percent fewer benefits.
Some educators are skeptical that the state can meet even its current obligations for education financing, let alone support new Race to the Top initiatives.
The company is restructuring because it cannot meet its current obligations and has little cash on hand, according to public filings.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com