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A firm issues nine-month commercial paper with a $50,000 face value and receives $45,000. What effective annual rate (EAR) is the firm paying for its
A firm issues nine-month commercial paper with a $50,000 face value and receives $45,000. What effective annual rate (EAR) is the firm paying for its funds?
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Environmental Finance And Investments
Authors: Marc Chesney, Jonathan Gheyssens, Anca Claudia Pana, Luca Taschini
2nd Edition
366248174X, 978-3662481745
