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Camembert's commercial paper is currently selling at a discount. It sells for 98.36 of par and matures in 85 days. a. Calculate its yield

Camembert's commercial paper is currently selling at a discount. It sells for 98.36 of par and matures in 85 days. a. Calculate its yield as quoted in the market. b. Calculate its effective annual yield.

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a To calculate the yield as quoted in the market we need to use the discount rate The discount rate ... blur-text-image

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