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CO2 Coals' commercial paper is currently selling at 98.013 percent of maturity value; it matures in 40 days. a. What annualized yield is it offering

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CO2 Coals' commercial paper is currently selling at 98.013 percent of maturity value; it matures in 40 days. a. What annualized yield is it offering to investors? [2 marks] (Use 365 days in a year, Do not round intermediate calculations. Round the final answer to 2 decimal places.) Annualized yield b. What annual effective yield [with compounding affects] is it offering to investors? [ 2 marks] (Use 365 days in a year. Do not round intermediate calculations, Round the final answer to 2 decimal places.) Annual effective yield

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