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A corporation is planning to sell its 90-day commercial paper to investors offering a 1.7 percent yield. If the three-month Treasury bill's annualized rate is
A corporation is planning to sell its 90-day commercial paper to investors offering a 1.7 percent yield. If the three-month Treasury bill's annualized rate is 1 percent, the credit risk premium is estimated to be 0.2 percent and there is a 0.1 percent tax adjustment, how many percent is the liquidity premium on the commercial paper? Round your answer to one decimal place
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