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2. A corporate treasurer is looking to invest about $4 million for 60 days. Commercial paper rates are a 3.65% discount and CD rates are

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2. A corporate treasurer is looking to invest about $4 million for 60 days. Commercial paper rates are a 3.65% discount and CD rates are 3.66%. a) (0.6) What is the CP's bond equivalent yield? b) (0.6) What is the CD 's bond equivalent yield? c) (0.6) Which is the better investment

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