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CO 2 Coals commercial paper is currently selling at 9 9 . 1 2 3 percent of maturity value; it matures in 5 1 days.
CO Coals commercial paper is currently selling at percent of maturity value; it matures in days.
a What annualized yield is it offering to investors? Use days in a year. Do not round intermediate calculations. Round the final answer to decimal places.
Annualized yield
b What annual effective yield with compounding affects is it offering to investors? Use days in a year. Do not round intermediate calculations. Round the final answer to decimal places.
Annual effective yield
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