Assume that the prime rate is 8% APR, compounded quarterly. How much dollar savings in interest did

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Assume that the prime rate is 8% APR, compounded quarterly. How much dollar savings in interest did Treadwater (Problem 12) and Magna (Problem 13) achieve by accessing the commercial paper market?

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Fundamentals of Corporate Finance

ISBN: 978-0132148238

2nd edition

Authors: Berk, DeMarzo, Harford

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Question Posted: Jan 14, 2012 02:17 AM

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Assume that the prime rate is 8% APR, compounded quarterly. How much dollar savings in interest did

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