Question
A $107,000, 90-day commercial paper certificate issued by Bell Canada Enterprises was sold on its issue date for $105,250. What annual rate of return will
A $107,000, 90-day commercial paper certificate issued by Bell Canada Enterprises was sold on its issue date for $105,250. What annual rate of return will it yield to the buyer? (Use 365 days a year. Do not round your intermediate calculations. Round your final answer to three decimal places.) Rate of return %
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The Handbook Of Financial Modeling
Authors: Jack Avon
1st Edition
1430262052, 978-1430262053
