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180-day commercial paper can be bought at a 4.00 percentdiscount yield. What are the bond equivalent yield (BEY) and theeffective annual rate (EAR) on the
180-day commercial paper can be bought at a 4.00 percentdiscount yield. What are the bond equivalent yield (BEY) and theeffective annual rate (EAR) on the commercial paper? (Use 365 daysin a year. 2 answers
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Financial Management Theory and Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
15th edition
130563229X, 978-1305632301, 1305632303, 978-0357685877, 978-1305886902, 1305886909, 978-1305632295
