The price of a 145-day commercial paper is $4,525. If the annualized discount rate is 5.25%, what
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The price of a 145-day commercial paper is $4,525. If the annualized discount rate is 5.25%, what will the commercial paper pay at the day of maturity?
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Related Book For
Financial Markets And Institution
ISBN: 9781292459547
10th Global Edition
Authors: Frederic Mishkin, Stanley Eakins
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