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A treasury manager is examining the potential to issue commercial paper based on the following assumptions: Face Value = $25,000,000 Discount Rate = 0.75% Dealer

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A treasury manager is examining the potential to issue commercial paper based on the following assumptions: Face Value = $25,000,000 Discount Rate = 0.75% Dealer Fee = 0.25% Commitment Fee = 0.15% Days to Maturity = 30 Based on these assumptions, what is the dealer fee? O $8,333.33 O $15,625.00 O $5,208.33 O $3,125.00

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