Calculate the price on its issue date of $100,000 face value, 90-day commercial paper issued by GE

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Calculate the price on its issue date of $100,000 face value, 90-day commercial paper issued by GE Capital Canada if the prevailing market rate of return is 0.932%.

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Fundamentals Of Business Mathematics In Canada

ISBN: 9781259370151

3rd Edition

Authors: F. Ernest Jerome, Jackie Shemko

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Question Posted: Oct 21, 2020 05:53 AM

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Calculate the price on its issue date of $100,000 face value, 90-day commercial paper issued by GE

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Answer Market Rate of Return 3932 Face Value 100000 Time Period ...View the full answer

Fundamentals Of Business Mathematics In Canada

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