Habitant Maple Syrup Sweets Company just issued $10 million of 180-day commercial paper for net proceeds of

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Habitant Maple Syrup Sweets Company just issued $10 million of 180-day commercial paper for net proceeds of $9.9 million. What is the commercial paper’s quoted yield?

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Introduction To Corporate Finance

ISBN: 9781118300763

3rd Edition

Authors: Laurence Booth, Sean Cleary

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Question Posted: Feb 25, 2015 10:21 AM

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Habitant Maple Syrup Sweets Company just issued $10 million of 180-day commercial paper for net proceeds of

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